That raises a final question for policymakers. When will they draw the sword? More importantly, is there a sword — a credible strategy — in the scabbard at all?
Cho Hyun-suk
The author is the economy news editor of the JoongAng Ilbo.
“Why do foreign investors keep selling Korean stocks?”
“Because they think prices will eventually fall. If they believed stocks would continue rising, they would keep holding them.”
“Why is everyone selling won and buying dollars?”
Korean Officials Are "Paying Close Attention" As Foreign Outflows Trigger Bond/Won Collapse
Foreign investors have dumped billions of dollars of Korean stocks this year. Here's why.
Foreign selling drives won to 16-year low
South Korea flags currency swings that don't match economic reality
Korean Authorities Urge Banks to Step Up Controls as Won Slumps — Update
Korea Vows to Step Up Won Defense as Currency Slumps
South Korean won nears global financial crisis levels - UPI.com
South Korea unveils measures to stem won slide and curb speculation
Lee attributes weakening won to foreign investors' portfolio rebalancing - The Korea Times
Korea's currency tumbles to 17-year low on foreign stock selloff - The Korea Times
“The authorities are doing what they can, but given that the won is being driven by external factors, it’s likely difficult to…
The selling intensified Monday as the benchmark Kospi plunged more than 8% at the open, even as it emerged as one of the world's…
The Korean won briefly breached the 1,560-per-dollar level in overnight trading Friday, falling to its weakest point since the…
South Korea warns speculators as the Korean won trades above 1,540 per USD, hitting levels not seen since the global financial…
By Jihye Lee and Fabiana Negrin Ochoa
Even as Korea remained one of Asia’s top performers with its benchmark KOSPI smashing through the 8,000-point mark and a record…
