All posts tagged "dollar"

  • The won ended at 1,022.5 per dollar, the strongest it has been in five years and nine months. / Yonhap
    Korean won rises to 69-month high against dollar

    SEOUL, May 7 (Yonhap) — The Korean currency rose to its highest in more than five years against the U.S. dollar on Wednesday on the back of the greenback’s weakness against major currencies and exporters’ dollar sales...

    • Posted May 7, 2014
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    Won gains most against dollar among major currencies

    (Yonhap) The South Korean won has recently advanced the most against the U.S. dollar among major currencies thanks to its continued current account surplus, market watchers said Tuesday. In April alone, the Korean currency strengthened 3.05 percent...

    • Posted May 6, 2014
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  • On Tuesday, the local currency ended at 1,030.6 won to the U.S. dollar, the strongest since Aug. 8 in 2008 at 1,027.9 won. It slightly fell to 1,033.2 won Wednesday. (Yonhap)
    Won may rise to 1,000 per dollar

    By Kim Rahn The Korean won is expected to rise to 1,000 won against the U.S. dollar in the coming months on the back of a rising current account surplus powered by robust exports, according to analysts,...

    • Posted May 1, 2014
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    Won surges to two-year high

    By Na Jeong-ju The won’s value against the dollar surged to the highest level in two years and four months Monday, as more traders bet on Korea’s growing current account surplus. The won ended at 1,053 won...

    • Posted December 9, 2013
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