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USD/KRW dips as foreign outflows rise, driven by disappointment in China’s stimulus and concerns over South Korean exports. – vtmarkets.com
Written on October 18, 2024 at 2:35 am, by anakin
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Categories: Today's Analysis
Tags: Dollar, Forex, Won
The foreign exchange reserves of South Korea increased to $415.9 billion in August, driven by higher securities holdings and a stable IMF position. USD/KRW showed relative stability despite significant shifts in reserve composition. -vtmarkets.com
Written on September 4, 2024 at 7:52 am, by anakin
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Categories: Today's Analysis
Tags: Dollar, Forex, Won
Emerging Asian currencies and stocks experienced gains on Wednesday as traders awaited the US Federal Reserve’s policy decision. The South Korean won and the Thai baht led the way among currencies, rising by 0.6% and 0.5%, respectively.
Written on July 31, 2024 at 8:43 am, by anakin
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Categories: Today's Analysis
Tags: Baht, Dollar, Forex, Peso, Stocks, Won
The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in U.S. policy if Donald Trump wins the presidency.
Written on July 19, 2024 at 9:33 am, by anakin
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Categories: Today's Analysis
Tags: Dollar, Indices, Rupiah, Stocks, Won
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