S. Korea to Use Proceeds of Commemorative Notes for PyeongChang Olympics

SEOUL, Sept. 20 (Korea Bizwire) – South Korean plans use the proceeds of commemorative notes as operating costs of the PyeongChang Winter Olympics, officials said Wednesday. South Korea is set to print 2.3 million special notes whose face value is worth 2,000 won (US$1.70) in November, but retail prices of the notes are set at 8,000 won, according to the Korea Minting, Security Printing & ID Card Operating Corp. Kim Hwa-dong, CEO of the state-run [...]