The South Korean won declined today on speculations that the weakness of the Japanese yen will prompt nation’s policy makers to intervene in an attempt to push the exchange rate lower.
South Korea — News Archive
May 14th, 2013 at 11:43
The South Korean won rallied today as positive data from the United States made investors more courageous and willing to buy riskier assets of emerging economies.
May 02nd, 2013 at 10:01
The South Korean won retreated today after touching the highest level since March. The earlier rally occurred after South Korea’s trade balance posted surplus and manufacturing expanded last month.
April 29th, 2013 at 11:24
The South Korean won soared today as the nation’s trading account surplus widened, increasing the attractiveness of South Korean assets and leading to hopes for higher capital inflows into the country.
April 19th, 2013 at 10:22
The South Korean won gained today as South Korea, Japan and China planned to coordinate efforts for resolving the political tension between North and South Korea’s.
April 18th, 2013 at 8:42
The South Korean won declined today as concerns about global economic slowdown made investors pull their capital away from riskier assets.
April 16th, 2013 at 10:50
The South Korean won rebounded today as regional stocks advanced after yesterday’s sell-off. It looks like traders are returning to riskier assets, reversing earlier losses.
April 03rd, 2013 at 17:09
The South Korean won rose against the US dollar today despite the threat of war between South and North Koreas. The currency remains under pressure as investors are selling South Korean stocks.
April 01st, 2013 at 13:47
The South Korean won fell today, reaching the lowest price in a week, on poor trading data and conflict with North Korea, which threatens to turn into an overt war.
March 29th, 2013 at 20:17
The South Korean won fell today as tension between the country and North Korea are rising. The poor domestic fundamentals did not help the currency either. Yet it has managed to erase its losses as of now