All posts tagged "dollar"

  • The South Korean currency continued to strengthen against both the U.S. dollar and the Japanese Yen. (Yonhap)
    S. Korean won likely to remain weak against US dollar this year

    SEOUL (Yonhap) — The South Korean won is likely to remain weak against the U.S. dollar this year on growing uncertainty in emerging economies following a U.S. rate hike and a slowdown in the Chinese economy, market...

    • Posted January 4, 2016
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  • (NEWSis)
    Korean won hits fresh 2-year low vs dollar

    SEOUL, July 21 (Yonhap) — The South Korean won fell to the lowest level in two years against the U.S. dollar on Tuesday as market players are increasingly paying attention to a potential rate hike in the...

    • Posted July 21, 2015
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  • The South Korean currency continued to strengthen against both the U.S. dollar and the Japanese Yen. (Yonhap)
    US criticizes S. Korea for holding down value of won

    WASHINGTON (AP) — The Obama administration said Thursday that Germany, China, Japan and South Korea are four countries running large trade surpluses that need to do more to combat weak global growth. Issuing its latest currency report,...

    • Posted April 10, 2015
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  • won
    Won up after Yellen speech

    By Choi Kyong-ae The Korean won rose against the U.S. dollar after the Federal Reserve took a cautious stance toward a rate increase, bringing a brief halt to the dollar’s months-long rallying against other currencies, analysts said...

    • Posted March 19, 2015
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  • The South Korean currency continued to strengthen against both the U.S. dollar and the Japanese Yen. (Yonhap)
    Won hits 20-month low vs. dollar

    SEOUL, March 16 (Yonhap) — The South Korean won touched a fresh 20-month low against the U.S. dollar Monday on speculation that the U.S Federal Reserve may provide concrete clues on a much-awaited rate hike. The local...

    • Posted March 16, 2015
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  • (The Korea Times file)
    Korean won sharply down vs dollar

    SEOUL (Yonhap) — The Korean won fell sharply against the U.S. dollar Wednesday, hitting an over one-year low and moving in sync with the Japanese yen’s sharp slide against the greenback. The won was changing hands at...

    • Posted November 12, 2014
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  • A dealer works in the deal room of the Korea Exchange Bank in Seoul, Thursday, as signboards show the KOSPI ending at 1976.16, the lowest level in 3 months, and the dollar trading at 1,061.40 won. (Yonhap)
    Strong dollar deepening woes for Korea

    By Choi Kyong-ae The strengthening dollar is having a multi-pronged impact on the Korean economy, along with capital outflow and a weaker yen that are both poised to pick up speed, economists and analysts said Thursday. “The...

    • Posted October 2, 2014
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