Tag: Korean currency
Korean Won Falls, Touching Lowest Since 1998, on Weak Exports
By Kim Kyoungwha
March 2 (Bloomberg) — South Korea’s won weakened for a third day, touching the lowest since 1998, on concern that sliding exports will starve the nation of foreign exchange needed for banks to service overseas debt.
Posted: March 2nd, 2009 under News.
Tags: Asian Currencies, currencies trading, currency, Currency Trading, Emerging-market assets, Forex, Global Economy, Global recesion, Korea exchange, Korean currency, South Korea's Won
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