News Headline Summary

A recent move higher in USD/KRW being attributed to market talk of Bank of Korea intervention - unconfirmed; trades 1064.1 (+140 pips) last

Market talk’ – Signifies information that has not been formally tested through traditional journalistic channels and therefore is to be treated as unsubstantiated. Any interpretation of the talk is taken at the readers own risk and is a representation of the rumours within the market place and never generated by ourselves.

Update details:

- The Bank of Korea is rumored to use agent banks in its intervention in KRW.

Print 00:55, 07 Jan 2013 - Asian News - Source: RANsquawk