South Korea is pulling out all stops to try to prop up won

In South Korea, calls for action to stem the won’s decline are getting louder by the day.On Thursday, the finance ministry ...

South Korea eases forex rules as won continues to weaken

The South Korean won (KRW:USD) has weakened significantly against the greenback, prompting the country's finance ministry to ...

Korea’s Won Hits Eight-Month Low as Stock Outflows Continue

The South Korean won dropped to the lowest level in over eight months amid foreign funds’ selling of local stocks and steady ...

South Korea central bank sees upside inflation risk with a weaker won

South Korea's central bank said on Wednesday headline inflation next year could exceed earlier forecasts if the won stays at ...

Morgan Stanley’s Lord Says Worst May Be Over for Korean Won

The won could soon stabilize and even reverse some of its recent slide, as upcoming US interest-rate cuts coincide with the end of South Korea’s policy-easing cycle, according to Morgan Stanley ...
CNA

South Korea central bank, NPS agree to extend currency swap agreement for another year

South Korea's central bank and the national pension fund have agreed to extend their foreign exchange swap line to the end of ...

South Korea shares rise as chips rebound

** South Korean shares rose on Wednesday after a mixed jobs reading in the U.S. left investors muted, while chip shares led ...
BusinessMirror

South Korea retail traders ‘livid’ over won slide blame game

South Korean retail investors’ $31 billion record purchases of US stocks this year have turned them into scapegoats for the country’s weakening currency. They are furious. Asia’s worst performer this ...