Category: KRW News

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.

EMERGING MARKETS-Most Asian currencies muted; Malaysian ringgit drops

The following table shows rates for Asian currencies against the dollar at 0206 GMT. Currency Latest bid Previous day Pct Move Japan yen 104.030 104.25 +0.21 Sing dlr 1.339 1.3385 +0.00 Taiwan dlr 28.506 28.811 +1.07 Korean won 1104.800 1104.6 -0.02 Baht 30.290 30.28 -0.03 Peso 48.105 48.1 -0.01 Rupiah 140 Want to know more on EMERGING MARKETS-Most Asian currencies muted; Malaysian ringgit drops click here go to...

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 Policy Committee. The official...

EMERGING MARKETS-Most Asian currencies rise as dollar on defensive; baht, peso fall

The following table shows rates for Asian currencies against the dollar at 0206 GMT. Currency Latest Previous Pct Move bid day Japan yen 104.320 104.45 +0.12 Sing dlr 1.338 1.3397 +0.10 Taiwan dlr 28.505 28.816 +1.09 Korean won 1105.60 1108.9 +0.30 0 Baht 30.310 30.28 -0.10 Peso 48.110 48.03 -0.17 Ru Want to know more on EMERGING MARKETS-Most Asian currencies rise as dollar on defensive; baht, peso fall...

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 from ForexLive Forex News.Author:

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 to know more on ForexLive Asia...

EMERGING MARKETS-Most Asian currencies edge higher; Taiwan dollar leads gains

The following table shows rates for Asian currencies against the dollar at 0206 GMT. Currency Latest bid Previous day Pct Move Japan yen 104.560 104.43 -0.12 Sing dlr 1.342 1.342 +0.01 Taiwan dlr 28.505 28.831 +1.14 Korean won 1107.000 1112.7 +0.51 Baht 30.330 30.33 +0.00 Peso 48.100 48.14 +0.08 Rupiah 14130.000 Want to know more on EMERGING MARKETS-Most Asian currencies edge higher; Taiwan dollar leads gains click here...

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 go to market news source. Market news summary...

EMERGING MARKETS-Most Asian currencies weaken, S.Korea’s won falls most

The following table shows rates for Asian currencies against the dollar at 0214 GMT. Currency Latest bid Previous day Pct Move Japan yen 103.800 103.83 +0.03 Sing dlr 1.343 1.3419 -0.05 Taiwan dlr 28.505 28.758 +0.89 Korean won 1110.800 1103.8 -0.63 Baht 30.350 30.3 -0.16 Peso 48.245 48.24 -0.01 Rupiah 14080.000 Want to know more on EMERGING MARKETS-Most Asian currencies weaken, S.Korea's won falls most click here go...

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 go to market news source. Market news summary from Yonhap Market News.Author:

(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 here go to market news source....

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 The Korea Times Market News.Author:

EMERGING MARKETS-Most Asian currencies gain with Taiwanese dollar, rupiah up most

The following table shows rates for Asian currencies against the dollar at 0213 GMT. Currency Latest bid Previous day Pct Move Japan yen 104.530 104.56 +0.03 Sing dlr 1.345 1.3454 +0.05 Taiwan dlr 28.500 28.810 +1.09 Korean won 1107.400 1109.3 +0.17 Baht 30.150 30.25 +0.33 Peso 48.210 48. Want to know more on EMERGING MARKETS-Most Asian currencies gain with Taiwanese dollar, rupiah up most click here go to...
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