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US Dollar/Korean Won FX Spot Rate

Gold is selling like hot cakes in Korea’s convenience stores, vending machines

by Adrian Jhonsan
Gold is selling like hot cakes in Korea’s convenience stores, vending machines

Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea, on Friday, Oct. 13, 2023.  Bloomberg | Bloomberg | Getty Images Aside from ramen and sausages, South …

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Bank of America not bullish on Asian currencies, cites ‘chaotic era’

by Adrian Jhonsan
Bank of America not bullish on Asian currencies, cites ‘chaotic era’

A Japanese 1,000 yen banknote sits on a pile of South Korean won banknotes for an arranged photograph at a Woori Bank Co. branch in Seoul, South Korea. SeongJoon Cho …

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Categories World

Bank of Korea chief says won volatility a little ‘excessive’

by Adrian Jhonsan
Bank of Korea chief says won volatility a little ‘excessive’

The Bank of Korea will intervene to control currency volatility if needed, the central bank’s chief told CNBC, describing the recent market fluctuations as a little “excessive.” Central bank governor …

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South Korea’s kimchi premium in the spotlight after BTC’s record highs

by Adrian Jhonsan
South Korea’s kimchi premium in the spotlight after BTC’s record highs

A bowl of kimchi, a fermented vegetable side dish that is a staple in all Korean meals Kitzcorner | Getty Images You may have heard of the “Korea discount” in …

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Asian currencies could be on ‘back foot’ despite U.S. rate cuts: JPMorgan

by Adrian Jhonsan
Asian currencies could be on ‘back foot’ despite U.S. rate cuts: JPMorgan

The U.S. dollar is expected to remain resilient despite possible Fed rate cuts this year. Jackal Pan | Moment | Getty Images Asian currencies could be on the “back foot” …

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Asian currencies that will benefit the most from the Fed’s rate cuts

by Adrian Jhonsan
Asian currencies that will benefit the most from the Fed’s rate cuts

The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12, 2018. Brent Lewin | Bloomberg | Getty Images …

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Categories World

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