Rupee nears 82/$, sensex slides for sixth day in row

Dealers said that the rupee depreciation on Wednesday was less than other major currencies including the Korean won, the Chinese yuan and Indonesian rupiah, which were down by over 1% each.Sensex dipp…

KOSPI Plummets by 1/3 in Dollar Terms

An electronic board shows the Korean won plummeting to 1,420 against the U.S. dollar at the begin of Monday trading session at KEB Hana Bank headquarters in Seoul on Monday.News1 The Japanese stock m…

South Korea readies forex stabilisation measures

It is one of several measures authorities have reviewed to ease volatility in the FX market, Choo said, with the South Korean won seen weakening against the dollar at a much faster pace than most peer…