Forex News » South Korean Won

Won Drops vs. Euro on Threat of Economic Slowdown in Asia

NewsInspector — Wed, 01 Feb 2012 10:50:57 +0000

The South Korean won fell against the euro today on concerns that problems in Europe crippled economic growth of Asian nations. The currency was also down versus the US dollar, but later rebounded.(...)
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Won Climbs as BoK Maintains Interest Rates

NewsInspector — Fri, 13 Jan 2012 16:32:28 +0000

The South Korean won gained today as the nation’s central bank maintained its main interest rate to rein inflation and support country’s economic growth.(...)
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South Korean Won Gains as Analysts Anticipate Intervention

NewsInspector — Thu, 29 Dec 2011 10:34:21 +0000

The South Korean won gained today on speculation that the South Korean central bank will step in to support the nation’s currency that is depreciating amid concerns about global growth.(...)
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Won Retreats as Importers Buy Dollars

NewsInspector — Tue, 27 Dec 2011 11:06:12 +0000

The South Korean won fell today as nation’s importers increased their purchases of dollars, while concerns about the region’s economic growth intensified, reducing appeal of Korea’s currency.(...)
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South Korean Won Drops After North Korean Leader Dies

NewsInspector — Mon, 19 Dec 2011 16:28:45 +0000

The South Korean won slid today after North Korean leader Kim Jong Il died, leading to fears that North Korea would face a political turmoil that may negatively influence South Korea.(...)
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Korea’s Won Weakens After BoK Keeps Rates Unchanged

NewsInspector — Thu, 08 Dec 2011 09:57:17 +0000

The South Korean won declined today on the renewed fears of the European sovereign-debt crisis, while the Bank of Korea refrained from increasing its interest rates.(...)
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Won Gains on US Employment & Hopes for Europe, Falls Again

NewsInspector — Mon, 05 Dec 2011 18:56:56 +0000

The South Korean won gained today as the positive US employment report reduced investors’ fear of a new recession, while hopes that the European leaders would find a way to resolve the region’s crisis further bolstered the South Korean currency. The won later fell.(...)
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Korea’s Won Still Feels Pressure from Europe

NewsInspector — Fri, 18 Nov 2011 17:03:34 +0000

The South Korean won remained lower today as concerns about the sovereign debt crisis in Europe were negative for the currency.(...)
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Korea’s Won Profits from Central Bank’s Monetary Decision

NewsInspector — Fri, 11 Nov 2011 13:57:34 +0000

The South Korean won rose today after the nation’s central bank decided to keep the interest rates unchanged and tensions about Europe subsided.(...)
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Won Falls as Traders Look at Greek Referendum with Concerns

NewsInspector — Thu, 03 Nov 2011 09:49:26 +0000

The South Korean won dropped today as the tension about the upcoming referendum in Greece continued to damp demand for riskier currencies of emerging markets.(...)
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