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22 Mar 2013
Forex Flash: BoK Governor Kim wary of asset bubbles - OCBC Bank
FXstreet.com (Barcelona) - OCBC Bank analysts note that BOK Governor Kim told central banks to be wary of possible asset bubbles as a consequence of sustained period of low interest rates.
He added that such policy should only be used for short term quick economic recovery only. Elsewhere, they note that former IMF official John Lipsky commented at a forum in Seoul, South Korea’s economy will face some impact from a weakening Yen.
He added that such policy should only be used for short term quick economic recovery only. Elsewhere, they note that former IMF official John Lipsky commented at a forum in Seoul, South Korea’s economy will face some impact from a weakening Yen.