The South Korean won rallied to the strongest level since early November on Friday, extending the previous session’s gains ...
Korea JoongAng Daily on MSN
Korean won jumps to highest level against dollar in nearly two months due to NPS hedging
The Korean won rose to its highest level in nearly two months against the U.S. dollar Friday, as the National Pension Service ...
Korea JoongAng Daily on MSN
Korea's foreign reserves fall for 1st time in 7 months in December: BOK
Korea's foreign reserves fell for the first time in seven months in December, the central bank said Tuesday, amid increased ...
As the won-dollar exchange rate has risen rapidly recently, calls are growing to sign currency swaps with reserve currency countries such as the United States as a "foreign-exchange breakwater." A ...
Dec. 4 (UPI) --In the shadowed alleys of Pyongyang, the market stalls buzz with a quiet desperation. Rice, corn, and other staples -- already scarce -- are slipping out of reach for most North Koreans ...
The government said on the 18th it will not impose penalties tied to the foreign-currency liquidity stress test until the end of June next year so domestic banks can release dollars into the market ...
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