[South Korea's Choice Financial News News] Bank of Korea governor Lee Ju-yeol said that "the possibility that the designation is valid judgment watching andago conclusion, the possibilities are great 'currency manipulator' Korea 'in the 23 days after the MPC base rate freeze press conference.
The governor Lee Ju-yeol said, "Of course, the President of the United States Trump campaign period or even after it took office a lot of mention of this country also specify currency manipulator high concern to the fact 'yiramyeonseodo' look objectively likely to do that is not high."
The governor Lee Ju-yeol the basis of 'do not look at the standards of the now one the current trade promotion law into effect in February last year, Korea is not appropriate' that is cited.
But the governor Lee Ju-yeol stated, such as "Treasury is also possible to take advantage of comprehensive trade law in '88, not trade Promotion ',' potential to change the current law, trade promotion criteria are not specified detailed requirements.
Lee Ju-yeol governor said that "the Bank of Korea stance on exchange rates uniformly as" said "exchange rate is that it should be decided autonomously on the market to reflect basic economic conditions and if the short-term volatility is expanding displacement phenomenon smooth market stabilization level operating ' .
April about the possibility of coming to China, the US Treasury has specified the 'currency manipulator' showed any intention of concerns.
The governor Lee Ju-yeol predicts that "if the Chinese currency manipulator designated will reduce China's exports, the yuan would initially turn to a weak growth slowed geteuna have the appreciation pressure.
The governor Lee Ju-yeol "If China's growth slowdown, yuan weakness itgetda somehow give negative impact on the trade relationship between China and real exports, the domestic economy is a big country, he said.
Won / yuan exchange about the governor Lee Ju-yeol said, "you can expect the won exchange rate volatility tends to tune grows yuan volatility.
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