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"Regional central banks, including the B.O.K., will likely wait for signals as to what the Federal Reserve intends to do because of the exchange rate ramifications if they move independently".
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As a result, the uphill capital flows funding for current account deficit could be a big change in exchange rate with possibly global ramifications.
Exchange rate.
The exchange rate.
The exchange rate is trickier.
The exchange rate may help.
The exchange rate helps.
The exchange rate had previously been fixed.
The exchange rate, however, is poor.
One is through the exchange rate.
"Sustaining a fixed exchange rate became impossible".
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