South Korea — News Archive

Intervention Concerns Push Won Lower

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.

Won Rallies amid Risk Appetite

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.

South Korean Won Retreats Even amid Favorable Fundamentals

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.

Widening South Korean Current-Account Surplus Leads to Stronger Won

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.

Won Gains amid Easing Tensions Between North & South Koreas

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.

Won Suffers from Global Economic Growth Concerns

The South Korean won declined today as concerns about global economic slowdown made investors pull their capital away from riskier assets.

Won Rebounds After Sell-Off

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.

South Korean Won Rises Despite Escalating Political Tension

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.

Won Falls after Friday’s Rally

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.

Won Retreats as Tension Between Koreas Rises, Recovers from Losses

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

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