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South Korean Bank Executives to Cut Salaries

Korean banks have agreed to cut the salaries of their executives in order to "share some of the financial pain" that has inflicted the rest of Kore[...] read more »
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An Alternate Explanation for the fall of Korean currency

An alternative explanation...no support required... read more »
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South Korea's Real Income Makes Biggest Drop in a Decade

The title says it all... read more »
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South Korean Manufacturers Feel Confident, Won Jumps

The South Korean won climbed today as nation’s manufacturer confidence jumped to the nine-month high and hopes for growth of the US economy boosted p[...] read more »
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Won Climbs on Improving Outlook for South Korean Exports

South Korean won climbed today, along with other Asian currencies, as signs of the economic growth in China and the United States improved outlook fo[...] read more »
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South Korean Won Retreats on Possibility of Intervention

The South Korean won ended its five-day rally, falling today, on concerns that the government will intervene to slow the appreciation of the currency[...] read more »
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South Korea's Foreign Exchange Reserves Fall to $200.5 Billion

Just an update on South Korea's Foreign Exchange Reserves...although $200.5 Billion doesn't seem too much in comparison to the US Bailout amounts, [...] read more »
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South Korean Won Rise on Growth Prospect & Fed’s Easing

The Asian currencies, including the South Korean won, gained today on the growth prospects of the Asian region and after the US Federal Reserve signa[...] read more »
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South Korean Won Climbs as Central Bank Raises Interest Rates

The South Korean won rose today, as well as other Asian currencies, after South Korea’s central bank increased its interest rates for the second time[...] read more »
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Korea’s Won Profits from Central Bank’s Monetary Decision

The South Korean won rose today after the nation’s central bank decided to keep the interest rates unchanged and tensions about Europe subsided. read more »
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Korean Won Gains with Decrease of US Jobless Rate

The unexpected decline of the US unemployment rate last week bolstered the South Korean won by improving the outlook for the exports of the Asian nat[...] read more »
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South Korean Won Gains on China’s Inflation

The South Korean won recovered from its earlier losses today as the lower than expected growth of China’s consumer prices reduced probability of furt[...] read more »
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South Korean Payment Card Market

With the rising popularity of electronic banking and stupendous growth in information and technology, the number of payment cards (debit, credit, che[...] read more »
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Market Sentiment Improves, South Korean Won Gains

The South Korean won gained today as the comments of Federal Reserve Chairman Ben S. Bernanke last Friday increased risk appetite among Forex market [...] read more »
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Won Rises with Help of Foreign Investors

The South Korean won climbed today as the overseas inflows into the nation’s economy confirmed attractiveness of the currency to the global investors[...] read more »
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