South Korea's central bank governor said on Saturday external factors, such as aggressive U.S. policy tightening buoying the dollar and driving the won currency sharply down, made providing forward guidance on policy difficult.
on Wednesday and made clear the won's 6.5% slide in September that drove up import costs played a key role in the decision.
"I have learned that communication with the public is not easy when transitioning from the traditional strategic ambiguity to forward guidance," Rhee said.
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