South Korea's central bank governor said on Saturday external factors, such as aggressive U.S. policy tightening buoying the dollar and driving the won currency sharply down, made providing forward guidance on policy difficult.
on Wednesday and made clear the won's 6.5% slide in September that drove up import costs played a key role in the decision.
"I have learned that communication with the public is not easy when transitioning from the traditional strategic ambiguity to forward guidance," Rhee said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
North Korea fires another missile, flies warplanes near South Korea borderSouth Korea’s Joint Chiefs of Staff said in a statement the missile lifted off from the North’s capital region at 1:49 a.m. Friday.
Read more »
N. Korea Flies Warplanes Near Border, Fires Missiles, Violating 2018 AgreementSouth Korea says North Korea has launched a ballistic missile toward its eastern waters.
Read more »
S.Korea president pledges to build strong readiness against N.Korea threatsSouth Korean President Yoon Suk-yeol on Friday said his government has been working on building a watertight readiness posture against since he took office, following North Korea's missile test and deployment of military aircraft that flew near the border dividing the two countries.
Read more »
North Korea flies warplanes near border as tensions with South escalate | CNNNew tensions are flaring between the Koreas, with the North flying warplanes near their shared border and launching the latest in a series of missiles and the South holding a live-fire artillery drill.
Read more »
N. Korea fires missile after flying warplanes near borderSEOUL, South Korea (AP) — South Korea says North Korea has launched a ballistic missile toward its eastern waters. South Korea’s Joint Chiefs of Staff said the launch was made early Friday but gave no further details.
Read more »