South Korean Shares Decline for Second Day Amid US Fed Rate Cut, Weak Domestic Currency

MT NewswiresDec 20 16:35

Market Chatter: Korean Won Hits 15-Year Low Against Greenback Following US Fed Rate Cut, Failed Martial Law Attempt

MT NewswiresDec 20 09:05

South Korea Reports Higher Producer Prices in November

MT NewswiresDec 20 08:47

Insiders: The depreciation of the Korean won may trigger hedging! Is a Forex sell-off of 50 billion dollars on the way?

According to informed sources, if the average closing Exchange Rates of the Korean won against the US dollar exceeds around 1450 won for five consecutive Trade days, the National Pension will implement a Global Strategy hedge.

Golden10 DataDec 19 22:34

South Korean Firms' Profits Plunge 23% in 2023 Amid Manufacturing Slowdown

MT NewswiresDec 19 16:31

The Federal Reserve's hawkish stance impacts the foreign exchange market, causing the Korean won to fall to a 15-year low.

Affected by the Federal Reserve's cautious attitude towards further interest rate cuts and domestic political uncertainties, the Korean won fell to its lowest level in 15 years on Thursday.

Zhitong FinanceDec 19 15:45