TechFlow, May 29 — According to Jinshi Data, South Korea's central bank governor Lee Chang-yong revealed that Asian countries have held foreign exchange talks with the United States. He stated that the currency discussions between the U.S. and South Korea ultimately contributed to the appreciation of Asian currencies. Lee noted that the won has appreciated more than other currencies due to recent easing of domestic political uncertainty in South Korea. Regarding exchange rate trends, he said he is not overly concerned about the impact of foreign exchange on inflation. Meanwhile, he does not oppose stablecoins pegged to the won, but will monitor their impact on the banking sector, as stablecoins issued by non-banks could affect South Korea's monetary policy.
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