Won strength vs dollar could moderate South Korea core inflation
Citigroup economist Jin-Wook Kim says won strength could moderate South Korea underlying inflation. He writes that a 10% won rise versus the dollar could take core inflation down by around 0.35 percentage point over a year.
Citigroup economist Jin-Wook Kim said the won’s strength against the dollar could moderate underlying inflation in South Korea. 35 percentage point over a year. He expects th…