Central banks need to do currency swaps as rete hikes cause turmoil in forex...
#2

S.korea says it can stabilised on its own without swaps with US. This is not possible. It will just drain its reserves.

I really don't see why they are not doing the swaps which is not difficult and tell the speculators to shoo off ....otherwise you get 3 monkeys on your back.

I am really surprise central banks are still waiting around at this pivotal moment .....



https://www.reuters.com/markets/asia/sko...022-09-25/

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Messages In This Thread
Central banks need to do currency swaps as rete hikes cause turmoil in forex... - by sgbuffett - 25-09-2022, 10:56 AM
RE: Central banks need to do currency swaps as rete hikes cause turmoil in forex... - by sgbuffett - 25-09-2022, 10:58 AM
RE: Central banks need to do currency swaps as rete hikes cause turmoil in forex... - by singlon - 25-09-2022, 11:03 AM

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