Korean won breaches key level, triggering potential $50b pension hedge
South Korea’s won has weakened to levels that could compel the National Pension Service (NPS) to sell up to $50…
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South Korean won
S. Korea’s c. bank pledges to maintain financial stability
South Korea's central bank pledged to stabilise financial markets and emphasised the need for consistent…
S. Korean won weakens sharply, outpaces global peers in weekly decline
The South Korean won emerged as the weakest-performing currency among major peers last week, as President Yoon Suk…
S. Korea’s turmoil fallout impacts Asian shares
Asian stocks fell on Wednesday and currencies were unstable as traders tried to navigate the political turmoil in…
Asian shares slip as inflation worries persist
Asian shares dropped on Thursday and the dollar strengthened slightly as investors considered US data indicating…
BOK to hold rates at 3.25%
The Bank of Korea (BOK) is expected to maintain its key policy rate at 3.25 per cent this week to support the…
Asian currencies soar to highest level in 7m
Asian currencies surged to their highest levels in seven months on Monday, buoyed by a combination of factors…
S. Korea’s c. bank warns of renewed won weakness
The Bank of Korea (BOK) expressed concerns about the Korean Won (KRW) facing downward pressure in its financial…
Indian rupee weakens as US rate cut hopes fade
The Indian rupee fell on Monday, tracking a broader decline in Asian currencies as optimism for a US Federal…
LG Group considers 100t won investment in next 5 yrs
LG Group, a South Korean conglomerate, plans to invest 100 trillion won ($74.42 billion) in the country over the…
