News Headline Summary

The lack of a bounce in USD/KRW after authorities unveiled steps to stem the pair's 9% drop over the last 6 months is because banks were prepared for the new FX ceilings which were largely communicated to institutions before the official announcement

27 Nov 2012 - 01:31 - Equities - Source: RANsquawk/IFR

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: