BOK's Rhee says recent dollar-won rates far from economy's fundamentals

SEOUL, Jan 2 (Reuters) - South Korea's central bank chief said on Friday the recent dollar-won levels at high-1,400 range seem far from the Korean economy's fundamentals which in part was due to local residents' investment on overseas equities.

Governor Rhee Chang-yong also said in his New Year speech that the bank will not agree to any U.S.-bound investments that could hurt FX stability as it works with the government to implement a bilateral trade deal struck with Washington.