Japan and South Korea could coordinate currency intervention, but they may need U.S. support
The U.S. last week acknowledged Japan and South Korea's "serious concerns" over the recent sharp depreciation in their currencies. Source
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US Dollar/Korean Won FX Spot Rate
Bank of Korea chief says won volatility is a little ‘excessive’ and will intervene if needed
The Bank of Korea will intervene to control currency volatility if needed, the BOK chief said, describing the recent market
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In the wake of bitcoin’s new highs, South Korea’s ‘kimchi premium’ is in the spotlight again
The "kimchi premium" is the price gap in cryptocurrencies, especially bitcoin, when listed in South Korea versus those listed in
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The Fed is set to cut rates this year. Here are the Asian currencies that stand to benefit
A weak U.S. dollar is generally positive for emerging markets, which is often the case when the Fed cuts interest
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This currency is now the world’s top performer, after rebounding from record lows
The Pakistani rupee has rebounded from an all-time low to become the world's top performing currency — and it still
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Central banks in Asia could soon diverge from the Fed, Nomura says
"After China, Korea, India and even Indonesia could cut rates ahead of the Fed, due to faster disinflation, weak demand
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Bank of Korea governor says it’s ‘premature’ to talk about rate cuts
"It would be a little bit premature to talk about pivot at this moment," Bank of Korea Governor Rhee Chang-yong
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The U.S. Fed’s smaller rate hike brings dollar strength closer to its end
The U.S. dollar index continued to slump on Thursday as the Federal Reserve opted for a smaller interest rate hike
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South Korea posts the worst trade deficit in its history
South Korea saw the worst trade deficit since the agency started compiling data in 1956 and more than the $20.6
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