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

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

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

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…