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Bank of Korea: to closely monitor the Brexit vote impact on markets

The Bank of Korea is out on the wires assuring markets that the direct impact of the Brexit vote on South Korea will be limited and if needed, it would step in to stabilize the markets.

Key quote

South Korea has plans in place to curb excessive volatility in FX and other financial markets.

UK consumer spending fell by the most in 8 months in December - Visa

Britons tightened their purse strings during the holiday season, according to Visa payment card data. Overall consumer spending fell 1 percent year-o
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PBOC sets yuan reference rate at 6.7615

The People's Bank of China (PBOC) set the yuan reference rate at 6.7615 vs the previous day's fix of 6.7542.
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