All posts tagged "exchange rate"

  • The South Korean currency continued to strengthen against both the U.S. dollar and the Japanese Yen. (Yonhap)
    Korean currency rises to breach 1,000 won level per yen

    By Lee Minji / Yonhap SEOUL —  The South Korean currency continued to strengthen on Tuesday, surpassing the psychologically important level of 1,000 won per 100 yen. The won hit 998.25 per 100 yen as of 5:34...

    • Posted May 13, 2014
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  • 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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  • rate
    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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  • Korean won hit a two-year high against the dollar on Tuesday. (Newsis)
    Weakness of dollar has Korean students in U.S. smiling

    Tour industry is also happy, but importers are not  By Lee Woo-su The recent weakness of the U.S. dollar (USD) has Korean students studying abroad and travel agencies here smiling. The 26-year old postgraduate student Lee in...

    • Posted December 11, 2013
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