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South Korea's finance minister says current FX level 'excessive'
SEOUL, June 23 : South Korea's Finance Minister Koo Yun-cheol said at a cabinet meeting on Tuesday that the current foreign exchange level at around mid-1,500 won per U.S. dollar is "excessive" compared to the country's fundamentals. Asked by South Korean President Lee Jae Myung about why the won is so weak d
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koreaherald.com
Won-dollar rate averages 1,520 through June, reaching crisis-era levels
South Korea’s currency has averaged above 1,520 won per US dollar in June, the highest level since February 1998, extending a period of currency weakness associ
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Won seen strengthening toward 1,450 in second half, but volatility persists: FKI seminar
South Korea’s currency is forecast to strengthen modestly toward 1,450 won per dollar in the second half of the year, though the exchange rate is expected to re
