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South Korean Shares Decline for Second Day Amid US Fed Rate Cut, Weak Domestic Currency
In November, Hong Kong's CPI year-on-year was 1.4%, lower than expected.
On December 20, Gelo Exchange reported that Hong Kong's comprehensive CPI in November was 1.4% year-on-year, expected to be 1.5%, and the previous value was 1.40%.
Market Chatter: Korean Won Hits 15-Year Low Against Greenback Following US Fed Rate Cut, Failed Martial Law Attempt
South Korea Reports Higher Producer Prices in November
Insiders: The depreciation of the Korean won may trigger hedging! Is a Forex sell-off of 50 billion dollars on the way?
According to informed sources, if the average closing Exchange Rates of the Korean won against the US dollar exceeds around 1450 won for five consecutive Trade days, the National Pension will implement a Global Strategy hedge.
Express News | The composite interest rate in Hong Kong at the end of November is 2.20%, a decrease of 10 basis points month-on-month.