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According to reports, South Korea has lifted a 14-year ban that prohibited domestic financial institutions from buying kimchi ...
The South Korean currency fell to as low as 1,443.40 won per dollar, the lowest since October 2022. It was last down 1.9% at 1,430.72. "This naturally makes sense for the Korean won to plummet ...
Regulator allows locals to purchase foreign currency debts issued onshore as it seeks to offset capital outflows ...
Traders are betting that the yuan, the Australian dollar and the South Korean won will strengthen versus the US dollar.
The U.S. dollar tumbled on Wednesday against the Korean won, Japanese yen and a handful of other Asian currencies on reports that currency policies had factored into trade talks between the U.S ...
The dollar Tuesday suffered its biggest one-day drop in more than six months against the euro and also fell against at least 30 other currencies, after the Bank of Korea said it planned to boost ...
President Donald Trump sent markets into a tailspin Monday after officially announcing sweeping 25% tariffs on all imports ...
The won has weakened nearly 5% against the dollar this month and earlier on Wednesday hit its lowest level since late July at 1,385.1. It last touched the psychological threshold of 1,400 in mid ...
The South Korean currency plunged to a near 11-year low against the U.S. dollar Tuesday as renewed concerns over a credit squeeze prompted foreigners to dump local shares.
The following table shows rates for Asian currencies against the dollar at 0215 GMT. Currency Latest bid Previous day Pct Move Japan yen 104.510 104.62 +0.11 Sing dlr 1.346 1.3471 +0.11 Taiwan dlr ...
The South Korean currency fell to as low as 1,443.40 ... China fixed the yuan's trading band at its weakest in more than a year and traders ran with it to sell the currency at 7.2996 per dollar.