The South Korean won was flat, paring decline, as domestic fundamentals helped the currency to overcome the general risk-negative market sentiment.
South Korea — News Archive
November 13th, 2013 at 12:13
October 30th, 2013 at 17:32
The South Korean won was among currencies of emerging markets that were supported by expectations of prolonged quantitative easing from the US Federal Reserve, rising against the dollar today.
October 22nd, 2013 at 12:46
The South Korean won rose today, paring its previous decline, as investors continue to buy the nation’s assets, pumping capital into the South Korean economy.
October 18th, 2013 at 11:41
Investors were buying South Korean stocks more than they were selling, resulting in improving prospects for the nation’s economy and a rally of the won due to the inflow of capital.
October 15th, 2013 at 15:37
The South Korean won advanced today as investors were buying nation’s assets on hopes that US politicians will be able to avoid default by raising the debt liming before the deadline on October 17.
September 25th, 2013 at 14:22
The South Korean won weakened today on concerns that the nation’s central bank will intervene to rein the currency’s rally that may hurt the South Korean economy.
September 16th, 2013 at 17:24
The South Korean won advanced today with help of the risk-positive market sentiment. The Forex market shifted to the risk-on mode after Treasury Secretary Lawrence Summers withdrew from the race to the leadership of the Federal Reserve.
August 09th, 2013 at 10:26
The South Korean won advanced today as the central bank spoke about economic growth of the Asian nation and after China released yet another positive report.
July 29th, 2013 at 19:30
The South Korean won rose today before falling later as exporters were converting their earnings to the local currency. Worsening manufacturing conditions prevented the won from rallying too much and led to eventual decline.
July 17th, 2013 at 13:08
The South Korean won advanced today as investors were buying Asian nation’s assets amid risk appetite created by hopes that the US Federal Reserve will maintain its stimulus.