Yonhap Infomax NewsFX swap points rose across all tenors on May 7 as Bank of Korea rate hike concerns and won liquidity shortages following reserve requirement day drove strong demand, with ultra-short tenors turning positive at 0.02 won amid tight funding conditions and panic buying in some segments.
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FX Swap Points Rise Across All Tenors on Rate Hike Concerns, Reserve Requirement Day Demand
FX swap points rose across all tenors on May 7 as Bank of Korea rate hike concerns and won liquidity shortages following reserve requirement day drove strong demand, with ultra-short tenors turning positive at 0.02 won amid tight funding conditions and panic buying in some segments.