01631cas a2200265 a 4500 AALejournalIMF013172 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475565171 1018-5941 BD-DhAAL BD-DhAAL Ree, Jack. FX Funding Risks and Exchange Rate Volatility-Korea's Case / Jack Ree, Kyoungsoo Yoon, Hail Park. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (29 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines how exchange rate volatility and Korean banks' foreign exchange liquidity mismatches interacted with each other during the Global Financial Crisis, and whether the vulnerability stemming from this interaction has been reduced since then. Structural and cyclical changes after the crisis, including decreasing demand for currency hedges and the diversifying investor base for bonds, point to a possible weakening of the interaction mechanism; and we find evidences are strongly supportive of this.a. Mode of access: Internet Park, Hail. Yoon, Kyoungsoo. IMF Working Papers; Working Paper ; No. 2012/268 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/268/001.2012.issue-268-en.xml IMF e-Library