South Korean authorities are making an increasingly frantic effort to stop the won currency sliding to lows not seen since ...
The South Korean won rallied to the strongest level since early November on Friday, extending the previous session’s gains ...
South Korea’s won strengthened after the authorities said excessive weakness in the currency isn’t desirable and ...
The Korean won and the Japanese yen strengthened amid Asian policymakers’ warnings against excessive currency weakness versus ...
The local currency posted its weakest annual average against the U.S. dollar ever this year, data showed Wednesday, amid ...
The South Korean won plunged sharply against the U.S. dollar on Tuesday, hitting a two-year low after an unexpected address by President Yoon Suk Yeol in which he declared emergency martial law. The ...
As the won-dollar exchange rate recently declined, currency-hedged exchange-traded funds (ETFs), which had been weighed down ...
NEW YORK/LONDON, Dec 3 (Reuters) - The Korean won was one of the biggest movers on Tuesday, plunging against the U.S. dollar after South Korea's president declared martial law in an unannounced ...
In North Korea, the relentless rise in the exchange rates of foreign currencies, coupled with surging food prices, paints a bleak picture of an economy on the brink of collapse. Photo by Lukas ...
TOKYO -- Strong-armed currency reform in North Korea, which has confiscated the savings of small businesses and forbidden the use of foreign money, is now causing runaway inflation and contributing to ...