Wednesday, April 24, 2013

South Korea central bank chief carefully watching yen





South Korea’s central bank chief said on Wednesday that authorities were keeping a close eye on the effects from the yen’s slide, saying the weakness would likely persist for a long time.


The yen’s weakness “is still at its beginning stage,” Bank of Korea Governor Kim Choong-soo told a lecture session for provincial government officials in Chuncheon, Gangwon Province.









via Business feed http://www.scmp.com/business/banking-finance/article/1222160/south-korea-central-bank-chief-carefully-watching-yen

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