Tag: US Dollar/Korean Won FX Spot Rate
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Central banks in Asia could soon diverge from the Federal Reserve: Nomura
A food stall in Gwangjang Market in Seoul as South Korea’s central bank is seen to be among the first in the region to cut its benchmark interest rate. Francois Lochon | Gamma-rapho | Getty Images Central banks in Asia could start cutting rates earlier than the Federal Reserve, economists at Nomura predicted. A dovish…