chinesepokeronline| South Korea's central bank says South Korean won will stabilize if Middle East conflict is contained

Theme: 2024 IMF and World Bank Spring Annual Meetings

South Korea's central bank governor Lee Chang-yong told reporters in Washington on FridaychinesepokeronlineIf the conflict in the Middle East is contained, the won will stabilize. Yonhap quoted Li ChangyongchinesepokeronlineThe Korean won, along with other Asian currencies, has weakened due to uncertainties such as tensions in the Middle East and expectations that the Federal Reserve will delay interest rate cuts. In response to a question about whether South Korea would cut interest rates before the United States, Lee Chang-yong replied that the rate of consumer price inflation is the most concerned data for South Korea's central bank policymakers and is uncertain whether the inflation rate will fall to 2.2 on average in the second half of the year.chinesepokeronline.3%。

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