Reply To: South Korea Won Weakness Accelerates To 13 Year Low Against U.S. Dollar

#42612
TradersCom
Keymaster

August 23 – Bloomberg (Jaehyun Eom and Sam Kim): “South Korea is stepping up surveillance of the won after the currency tumbled to a 13-year low, with the authorities warning that they are watching for any offshore speculative factors… The tone of the latest warning is stronger than a caution issued in June and comes as the won tumbled to a 13-year low of 1,345.80 per dollar on Tuesday.”