The South Korean won climbed today on the positive outlook for the economy of Asia’s nations and the signs of progress in making the plans to resolve the sovereign debt issues in Europe.
EU Closer to Agreement on Debt, Korea’s Won Gets Stronger
October 27th, 2011 at 12:20
South Korean Won
South Korean Won Drops as Traders Leave Asian Currencies
October 20th, 2011 at 17:06
South Korean Won
The South Korean won weakened today as Forex traders shun the currencies of emerging markets because of worries about the effect of the crisis in Europe on the global economy.
South Korean Won Rises as Funds Come to Asia
October 17th, 2011 at 20:21
South Korean Won
The Asian economies show a strong economic growth, the fact that attracted the global funds and made them increase their holdings of region’s assets. As a result, Asian currencies rallied, the South Korean won among therm.
Won Rises with Help of Foreign Investors
October 14th, 2011 at 10:28
South Korean Won
The South Korean won climbed today as the overseas inflows into the nation’s economy confirmed attractiveness of the currency to the global investors.
South Korea Keeps Rates Unchanged, Won Down
September 08th, 2011 at 11:08
South Korean Won
The South Korean won fell today after the nation’s central bank decided to keep its main interest rates unchanged, signaling that the economic recovery is faltering.
Market Sentiment Improves, South Korean Won Gains
August 29th, 2011 at 13:46
South Korean Won
The South Korean won gained today as the comments of Federal Reserve Chairman Ben S. Bernanke last Friday increased risk appetite among Forex market participants, bolstering appeal of higher-yielding currencies.
Korean Won Falls on Anticipation of Crisis
August 19th, 2011 at 14:42
South Korean Won
The South Korean won weakened today as signs of faltering global economic growth made investors prepare for a new crisis, making riskier assets less attractive.
Korea’s Won Retreats After Rally
August 12th, 2011 at 11:06
South Korean Won
The South Korean won rose earlier this day, bolstered by yesterday’s report about the US jobless claims, but later retreated on the inflation threat.
South Korea Holds Interest Rates, Won Goes Lower
August 11th, 2011 at 10:36
South Korean Won
The South Korean won declined today as the nation’s central bank kept the main interest rate unchanged, most likely influenced by threat of the European problems and the downgrade of the US credit rating for the global economy.
South Korean Won Suffers from Europe’s Troubles
July 12th, 2011 at 14:10
South Korean Won
The South Korean won, together with other Asian currencies, fell today as Italy became yet another country of the European Union threatened to be engulfed by the debt crisis.