Stop fueling uncertainty in the exchange market (KOR)

Lee's idea of gaining popularity at the expense of damaging the public finance and national credibility won’t please that many people.

2024-04-19

Stop fueling uncertainty in the exchange market

Lee's idea of gaining popularity at the expense of damaging the public finance and national credibility won’t please that many people.

2024-04-18

Kospi opens lower following Wall Street's overnight losses

Stocks opened a tad lower Wednesday, tracking overnight losses on Wall Street.

2024-03-27

Won plummets as investors flock to safe-haven dollar

The value of the won is plummeting as investors seek the safety of the dollar, adding pressure to the Korean economy already strained by high interest rates and oil prices.

2023-09-27

Yen pals

The value of 100 yen against the local currency fell to its lowest point for this year at 894.1 won during morning trading hours, according to Hana Bank.

2023-09-19

Falling foreign exchange

Pedestrians walk past a foreign exchange in Myeong-dong, central Seoul, on Tuesday. The local currency closed at 1,330.9 won against the dollar on Monday to finish above the 1,300 mark for the first time since May 18.

2023-08-15

Won leaps past 1,300 won mark after Fitch downgrades U.S.

The won surpassed the 1,300 won mark during intraday trading on Thursday, weakening against the dollar following Fitch Ratings' downgrade of the U.S. credit rating a day earlier.

2023-08-03

Ups and downs

Screens in Hana Bank's trading room in central Seoul show the won closing at 1,271.4 won against the dollar on Tuesday, the highest since February 13 when the local currency finished at 1,277.3 won. The Kospi closed at 2,637.95 points, up...

2023-06-13

Reducing risks from the reversed rate gap (KOR)

The authorities must demonstrate their presence to investors at home and abroad during volatile times.

2023-05-08

Reducing risks from the reversed rate gap