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

South Korean authorities have begun widening their response. The government eased FX rules to lure inflows, and said ...

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 ...

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 ...
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 ...