The South Korean won staged a strong comeback against the US dollar, soaring to its highest point since November 4. The ...
South Korean authorities are making an increasingly frantic effort to stop the won currency sliding to lows not seen since early 2009 during the depths of the global financial crisis.
The South Korean won rallied to the strongest level since early November on Friday, extending the previous session’s gains ...
South Korea's central bank held its policy rate at 2.75% Thursday, as it aims to shore up its currency even as it warned growth was likely to miss its earlier forecast. This was in line with a Reuters ...
The won has fallen about 7.5 per cent against the Singapore currency in the last six months. Read more at straitstimes.com.
The Korean won and the Japanese yen strengthened amid Asian policymakers’ warnings against excessive currency weakness versus ...