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Forex rate won’t trigger crisis, but inflation and inequality at risk, says BOK chief as won hits its weakest in 8 months

Forex rate won’t trigger crisis, but inflation and inequality at risk, says BOK chief as won hits its weakest in 8 months

Bank of Korea Gov. Rhee Chang-yong speaks in a press conference on inflation held in central Seoul on Dec. 17. [BOK]

 
The won surged past 1,480 against the dollar on Wednesday, defying months of government efforts to support the currency

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