News South Korea Currency: US agrees South Korea not a currency manipulator, Seoul says
SEOUL (Reuters) -The United States has agreed that South Korea is not manipulating its currency for trade advantage, a spokesperson for President Lee Jae Myung said on Sunday. The two allies agreed that Seoul does not fall under the manipulator designation that the U.S. Treasury Department announces in reports twice a year, Kang Yu-jung told a press conference. Officials at the U.S. embassy in Seoul could not be reached for comment outside business hours.
News South Korea Currency: South Korea's foreign reserves post record monthly increase
South Korea's foreign reserves jumped a record $14.33 billion in August to $442.28 billion as bank deposits and asset values increased.
News South Korea Currency: U.S. keeps South Korea on currency monitoring list
July 24 (Asia Today) --The U.S. Treasury Department kept South Korea on its currency monitoring list for a fourth consecutive report, saying the won's sustained weakness was inconsistent with the ...
News South Korea Currency: Korea foreign currency deposits jump on won volatility
S. Korea resident foreign currency deposits rose sharply in December as renewed volatility in the won-dollar exchange rate prompted to park in dollars ...
News South Korea Currency: South Korean stocks drop, currency weakens as oil prices push higher
South Korea’s benchmark Kospi and the Korean won tumbled on March 8, with surging oil prices triggered by the US-led ban on Russian crude threatening to fuel the intensifying inflationary pressure here. The main bourse Kospi settled 1.09 per cent down from the previous session at 2,622.4, falling for the third consecutive day.
News South Korea Currency: A preemptive strike on North Korea? Contingency planning may be gaining currency
No one at this stage expects South Korea to launch an attack on North ... ADVERTISEMENT The topic of a preemptive strike, however, is gaining currency as the North continues testing missiles ...
News South Korea Currency: Bank of Korea completes first phase of digital currency pilot
The Bank of Korea has successfully completed the first phase of its central bank digital currency (CBDC) mock testing, which started in August 2021. The South Korean central bank said that the ...
News South Korea Currency: Samsung, Blue Ocean launch U.S. stock trading during South Korean business hours
A currency dealer works at a dealing room of a bank in Seoul, South Korea, August 25, 2015. REUTERS/Kim Hong-Ji ...
