Industry Newsforeign exchangepension fundscentral banksouth korea
BOK Chief Calls For Pension-Fund FX Hedging
4.8
Relevance Score
Bank of Korea Gov. Rhee Chang-yong said the Korean won depreciated far beyond a reasonable level, expressed concerns about its potential consequences, and called for pension funds to adopt foreign-exchange hedging to manage exposure.
Scoring Rationale
Official central-bank statement increases credibility, but RSS-only summary limits context and detail for assessing broader impact.
Sources
- Read OriginalBOK chief perplexed by won's sharp weakness, calls for FX hedging by pension fundkoreatimes.co.kr
