On the 3rd, the won-to-dollar exchange rate in Seoul’s foreign exchange market opened at 1,452 Korean won, down 12.3 won from ...
The won-dollar exchange rate is seen on an electronic display board at Hana Bank's trading room in Jung District, central Seoul on Nov. 13. [NEWS1] As the won hovers in the 1,400-per-dollar range, ...
Dec. 29 (Asia Today) --South Korea's foreign exchange authorities intervened in currency markets on Dec. 24 and Dec. 26, pushing the won-dollar exchange rate down from above 1,485 won to the mid-1,440 ...
Dec. 19 (Asia Today) --The Bank of Korea said Thursday it will temporarily ease regulations and offer incentives to financial institutions in a bid to stabilize the foreign exchange market as the won ...
South Korean authorities anticipate the won strengthening to around 1,400 per dollar soon, but domestic policies alone may ...
The Korean won fell to its weakest since April, approaching a closely watched level as increased overseas investments by local funds put pressure on the currency ahead of the central bank’s policy ...
SEOUL, Dec 19 (Reuters) - South Korea's central bank announced on Friday temporary measures aimed at boosting dollar supply in the onshore foreign exchange market, in the latest policy efforts to ...
SEOUL, Jan 2 (Reuters) - South Korea's won weakened on the ‌first trading day of the year on ‌Friday even after authorities renewed their determination to stabilize foreign exchange markets following ...