All posts tagged "Korean won"

  • 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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  • The South Korean currency continued to strengthen against both the U.S. dollar and the Japanese Yen. (Yonhap)
    Korean currency rises to breach 1,000 won level per yen

    By Lee Minji / Yonhap SEOUL —  The South Korean currency continued to strengthen on Tuesday, surpassing the psychologically important level of 1,000 won per 100 yen. The won hit 998.25 per 100 yen as of 5:34...

    • Posted May 13, 2014
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  • The won ended at 1,022.5 per dollar, the strongest it has been in five years and nine months. / Yonhap
    Korean won rises to 69-month high against dollar

    SEOUL, May 7 (Yonhap) — The Korean currency rose to its highest in more than five years against the U.S. dollar on Wednesday on the back of the greenback’s weakness against major currencies and exporters’ dollar sales...

    • Posted May 7, 2014
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    Won gains most against dollar among major currencies

    (Yonhap) The South Korean won has recently advanced the most against the U.S. dollar among major currencies thanks to its continued current account surplus, market watchers said Tuesday. In April alone, the Korean currency strengthened 3.05 percent...

    • Posted May 6, 2014
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  • Joyce Chang JP Morgan managing director
    ‘Korean economy bottoms out’

    JP Morgan’s forecast backs finance minister’s upbeat outlook By Yi Whan-woo The Korean economy will be on a stable course toward recovery next year, according to Joyce Chang, a senior researcher at J.P. Morgan. Chang also predicted...

    • Posted December 19, 2013
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    Import prices drop as won gains strength

    (Yonhap) The nation’s import prices dropped for the 15th straight month in November as oil prices fell and the local currency gained against the U.S. dollar, the central bank said Wednesday. In local currency terms, the country’s...

    • Posted December 10, 2013
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  • (The Korea Times file)
    Overseas spending hits record high

    By Kim Rahn Koreans’ overseas spending hit a record high in the third quarter, largely due to increased overseas travel and direct online shopping at foreign websites. According to data from the Bank of Korea (BOK) Monday,...

    • Posted December 9, 2013
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