Surprising the world now twice in six months by leading rather than following the G20 nations, South Korea has spearheaded dual mandates which have put the central Bank of Korea (BOK) on the offensive. Clearly Korea hasn’t forgotten the woes of 1998 and 2008, when the KRW dropped precipitously and twice scarred the investment portfolios of international players. It is now certain that currency protection is the name of the game in Seoul. This week we’ll identify how Korea’s monetary policy stacks up against its rival “Asian tigers”, and determine where Korea may find itself tomorrow as a result of today’s environment.
Download the full report below then share your thoughts. What do you agree with? Disagree with? Make us support our opinions!