The Bank of Korea (BOK) lowered the base rate?7 day repo rate?by 0.25%p to 1.25% in October 2019. In the same quarter, the Korean won (KRW) depreciated by 2.3% against the US dollar (USD) from the previous quarter as the USD/KRW exchange rate rose to 1,194.1 won in Q3 2019 from 1,166.8 won in Q2...
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