Korean Gov. made decision on tax-cut, tax-cut for rich people. Judging by the pound depreciation caused by England's ex-Prime minister, I can assume there will be a depreciation on Korean Won. Japan's base rate changing makes these days' Won-appreciation, but it will not continue. sooner or later, Won-depreciation is scheduled. Because the next Korean presidential election is 5years away.
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i don't agree with this situation. Korean Gov. is moving for Korean Won Buying? Korean Financing is just stucked. Who is buying Korean Won? For what? Korean Gov.'s dollar is limited. You cannot do this 'interfere' all day long. Let's see.