Bank of Korea Governor Warns Against Complacency Amid Stronger Won

Bank of Korea Governor Rhee Chang-yong has cautioned against complacency in the foreign exchange market despite the recent strengthening of the South Korean won against the U.S. dollar. According to Jin10, Rhee emphasized the importance of remaining vigilant in monitoring currency fluctuations to ensure economic stability. The governor's remarks come as the won has shown resilience, but he stressed that ongoing vigilance is necessary to address potential market volatility. Rhee's comments highlight the central bank's commitment to maintaining a stable financial environment amid global economic uncertainties.