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

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  • 22 Jun '22 at 8:18 pm #39077
    TradersCom
    Keymaster

    The Japanese Yen and South Korean won have been falling sharply lower in 2022. The won has weakened more than 8% this year, following an 8.6% drop in
    [See the full post at: South Korea Won Weakness Accelerates To 13 Year Low Against U.S. Dollar]

    23 Jun '22 at 7:16 am #39089
    Truman
    Participant

    Great background on the won – thank you

    23 Jun '22 at 7:17 am #39090
    Truman
    Participant

    Bank of Korea Senior Deputy Governor Lee said that inflation needs to be tamed through pre-emptive policy and that rate hikes will only have a limited impact on growth.

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