Tag: South Korea won at six-year low; possible swap deal with US

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South Korea won at six-year low, possible swap deal with US, China

Feb 29, 2016 (LBO) – South Korea’s Finance Ministry is to resume a possible currency swap deal with the United States and China following the won’s recent fall. The won closed at a fresh six-year low of 1,238.8 won against the US dollar last week after its record-breaking decline since the first two months of […]