All posts tagged "Won"

  • won
    Won up after Yellen speech

    By Choi Kyong-ae The Korean won rose against the U.S. dollar after the Federal Reserve took a cautious stance toward a rate increase, bringing a brief halt to the dollar’s months-long rallying against other currencies, analysts said...

    • Posted March 19, 2015
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  • The South Korean currency continued to strengthen against both the U.S. dollar and the Japanese Yen. (Yonhap)
    Won hits 20-month low vs. dollar

    SEOUL, March 16 (Yonhap) — The South Korean won touched a fresh 20-month low against the U.S. dollar Monday on speculation that the U.S Federal Reserve may provide concrete clues on a much-awaited rate hike. The local...

    • Posted March 16, 2015
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  • (The Korea Times file)
    Korean won sharply down vs dollar

    SEOUL (Yonhap) — The Korean won fell sharply against the U.S. dollar Wednesday, hitting an over one-year low and moving in sync with the Japanese yen’s sharp slide against the greenback. The won was changing hands at...

    • Posted November 12, 2014
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  • A dealer works in the deal room of the Korea Exchange Bank in Seoul, Thursday, as signboards show the KOSPI ending at 1976.16, the lowest level in 3 months, and the dollar trading at 1,061.40 won. (Yonhap)
    Strong dollar deepening woes for Korea

    By Choi Kyong-ae The strengthening dollar is having a multi-pronged impact on the Korean economy, along with capital outflow and a weaker yen that are both poised to pick up speed, economists and analysts said Thursday. “The...

    • Posted October 2, 2014
    • 1
  • 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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  • 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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  • Bundles of 10,000-yen banknotes are stacked in front of an electronic billboard showing real-time currency exchange rates at a Korea Exchange Bank branch in Seoul. (Yonhap)
    Japanese yen falls below 1,000 won

    By Na Jeong-ju The Japanese yen fell below 1,000 won per 100 yen during Monday’s trading session for the first time in nearly five years. The yen dropped to 999.62 won as soon as the market opened...

    • Posted December 30, 2013
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