FX volatility Archives | Be Korea-savvy

Strong Dollar and FX Turbulence Weigh on Outlook for South Korea’s Manufacturers

SEOUL, Jan. 13 (Korea Bizwire) – Around 40 percent of South Korean manufacturers expect economic conditions to deteriorate this year amid increased volatility in the foreign exchange (FX) market, a poll showed Tuesday. According to the poll conducted recently by the Korea Chamber of Commerce and Industry (KCCI) on 2,208 manufacturing firms, a total of [...]

U.S. Dollar-Korean Won Exchange Rate Least Volatile in 3 yrs in Q3

SEOUL, Oct. 24 (Korea Bizwire) — The U.S. dollar-Korean won exchange rates were the least volatile in three years during the third-quarter of this year, despite rising tension surrounding North Korea, the central bank said Tuesday. The average gap between the daily high and low of the dollar-won exchange rates came to 4.8 won in [...]