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Currency News

Inter-Korean thaw strengthens Korean won

01 May 2018 00:48The Korea Herald
The local currency strengthened against the greenback for two consecutive trading days until Monday on heightening expectations of a thaw in inter-Korean relations after a summit between North and South Korea. As of the trading session's close Monday ... more

South Korea: Stocks, won gain on political thaw in Korean peninsula

29 Apr 2018 20:41The Business Times
[SEOUL] South Korea's Kospi stock index rose on Monday and the Korean won gained strength in the local platform. more

FxWirePro: South Korean won trades marginally lower against euro after mixed ...

29 Apr 2018 20:37EconoTimes
FxWirePro: South Korean won trades marginally lower against euro after mixed economic data, faces immediate support at 1,289 mark. more

Kim Says He'd End North Korea Nuclear Pursuit for US Truce

29 Apr 2018 03:38New York Times
SEOUL, South Korea - Keeping diplomatic developments coming at a head-snapping pace, the South Korean government said on Sunday that North Korea's leader, Kim Jong-un, had told President Moon Jae-in that he would abandon his nuclear weapons if the ... more

S.Korean stocks, won recoup losses as Xi's speech eases trade jitters

10 Apr 2018 02:07Reuters
Round-up of South Korean financial markets: ** South Korea's KOSPI stock index rose on Tuesday. The Korean won was slightly higher and bond yields also rose. ** At 06:30 GMT, the KOSPI was up 6.66 points or 0.27 percent at 2,450.74. ** The won was ... more

Korean Won's Steep Gains against the Dollar

10 Apr 2018 01:59KBS WORLD Radio News
They are a current account surplus exceeding three percent of gross domestic product or GDP, more than 20 billion US dollars in an annual trade surplus with the U.S. more

A Fancy Korean Barbecue Chain Starts Sizzling in NYC Today

16 Mar 2018 15:15Eater NY
A big new, three-floor Koreatown entrant opens today, bringing the first American location of South Korea's oldest Korean barbecue chain Sam Won Garden to New York City. The 180-seat restaurant at 37 West 32nd St., between Fifth and Sixth avenues, is ... more

As the Olympics end, South Korea asks: Was the cost worth it?

24 Feb 2018 08:03CNNMoney
The area -- just 50 miles from the North Korean border -- is one of the poorest parts of South Korea. Kim Won-young, an assistant professor at Wichita State University's sports management department, said that maintaining these venues is likely to ... more
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