FX Reserves

Date Time Left   Event Impact Previous Consensus Actual
Dec 03, 22:00  FX Reserves 406.32B 408.15B 407.46B

FX Reserves

The FX reserves released by the Bank of Korea presenst the assets the central bank holds in reserve. FX reserves can be a precautionary measure for countries susceptible to financial crisis. It can also be used to manipulate exchange rates.  A high reading is is seen as positive (or bullish) for the Korean Won, while a low reading is seen as negative (or bearish).



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