Category: KRW

Korean Won News and Analysis from varies Financial media, we summarize all KRW news into a sitemap summary with link to related KRW News for the one who wanted to catch up Korean Won price change in timely manner.


South Korea Interest Rate

The benchmark interest rate in South Korea was last recorded at 0.50 percent. Interest Rate in South Korea averaged 3.01 percent from 1999 until 2020, reaching an all time high of 5.25 percent in October of 2000 and a record low of 0.50 percent in May of 2020. In South Korea the interest rates decisions are taken by the Bank of Korea’s (BOK) Monetary

BoK Governor Lee says the recent gain in the won (KRW) is a bit fast

Earlier today the Bank of Korea, South Korea's central bank, left their key rate on hold and were more optimistic on their economic forecasts. Governor Lee is speaking now, main points, firstly on the currency:Want to know more on BoK Governor Lee says the recent gain in the won (KRW) is a bit fast click here go to Forex news source. Forex news summary

ForexLive Asia FX news wrap: Bitcoin back under $18,000

Forex news for Asia trading for Thursday 26 November 2020 Asia FX traded in small ranges today ahead of the long US holiday coming up for Thanksgiving. There was little news flow of importance for the major traded forex pairs although the Bank of Korea did announce its latest policy decision (on hold) and promised intervention on the won if FX marketsWant

South Korea fin min says won moves are excessive – will take steps to stabilise

SK Vice Finance Minister says will take steps to stabilise the currency market  Intervention threats in the face of a persistently rising Korean won (its hit its highest in 2 years). Won dropping back a little with these comments/warnings. Want to know more on South Korea fin min says won moves are excessive - will take steps to stabilise click here

Seoul stocks continue climb on battery gains despite virus concerns

SEOUL, Nov. 19 (Yonhap) -- South Korean stocks continued to build up gains Thursday after hitting a nearly three-year high the previous session, as battery makers remained in positive terrain amid concerns of surging COVID-19 cases. The Korean won sharWant to know more on Seoul stocks continue climb on battery gains despite virus concerns click here

(LEAD) Seoul stocks hit nearly 3-year high; Korean won at 29-month high

(ATTN: ADDS bond yields at bottom, photo) SEOUL, Nov. 18 (Yonhap) -- South Korean shares hit the highest in 33 months Wednesday on a rally in bio stocks amid concerns over a flare-up of new coronavirus outbreaks. The Korean won surged to a 29-month higWant to know more on (LEAD) Seoul stocks hit nearly 3-year high; Korean won at 29-month high click

Bank of Korea criticizes Financial Services Commission’s plan to ‘steal authority’

The Bank of Korea (BOK) is stepping up criticism of a plan by the Financial Services Commission (FSC) to “usurp the authority” of the central bank in the area of payment settlements.Want to know more on Bank of Korea criticizes Financial Services Commission's plan to 'steal authority' click here go to market news source. Market news summary from

Seoul stocks hit almost 3-year high on chip rally, vaccine hopes

SEOUL, Nov. 16 (Yonhap) -- South Korean stocks surged to a nearly three-year high Monday despite the spreading coronavirus woes, buoyed by a rally in chipmakers and vaccine hopes that fueled investor appetite for risky assets. The Korean won rose to thWant to know more on Seoul stocks hit almost 3-year high on chip rally, vaccine hopes click here go

Japanese PM eyeing short-term achievements: Bank of Korea

As new Japanese Prime Minister Yoshihide Suga will only be serving out the remainder of former prime Minister Shinzo Abe's term, he is expected to pursue policies that only achieve short-term goals, the Bank of Korea (BOK) said Sunday.Want to know more on Japanese PM eyeing short-term achievements: Bank of Korea click here go to market news source. Market

Seoul stocks surge to over 2-yr high on Biden effect; Korean won at nearly 2-yr high

SEOUL, Nov. 9 (Yonhap) -- South Korean shares extended their winning streak to a sixth day to hit an over 2-year high on Monday as investor appetite for risky assets increased following Joe Biden's victory in the U.S. presidential election. The KoreanWant to know more on Seoul stocks surge to over 2-yr high on Biden effect; Korean won at nearly 2-yr

(LEAD) Seoul stocks up for 5th day on easing U.S. election uncertainties

(ATTN: ADDS bond yields at bottom, photo) SEOUL, Nov. 6 (Yonhap) -- South Korean stocks extended their winning streak to a fifth day Friday, helped by massive foreign buying amid eased uncertainties over U.S. election results. The Korean won rose againWant to know more on (LEAD) Seoul stocks up for 5th day on easing U.S. election uncertainties click

(LEAD) Seoul shares close higher amid U.S. election vote count

(ATTN: ADDS bond yields at bottom; CHANGES photo) SEOUL, Nov. 4 (Yonhap) -- South Korean shares closed higher Wednesday as investors kept a watchful eye on the ongoing vote count of the U.S. presidential election. The Korean won fell against the U.S. dWant to know more on (LEAD) Seoul shares close higher amid U.S. election vote count click here go

EMERGING MARKETS-Taiwan’s dollar leads Asian currency gains

The following table shows rates for Asian currencies against the dollar at 0212 GMT. Currency Latest bid Previous day Pct Move Japan yen 104.670 104.71 +0.04 Sing dlr 1.364 1.3645 +0.07 Taiwan dlr 28.604 28.909 +1.07 Korean won 1133.700 1133.6 -0.01 Baht

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