Asia FX Edges Higher, Korean Won Surges Even As BOK Holds0

• Uncategorized
• February 23, 2023

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating sharply even as the Bank of Korea held interest rates after 18 months of hikes. The South Korean won rose 0.6% and was the best-performing Asian currency for the day, even as