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18 October 2024
USD/KRW Dips on China Stimulus Disappointment

USD/KRW dips as foreign outflows rise, driven by disappointment in China’s stimulus and concerns over South Korean exports. – vtmarkets.com

4 September 2024
South Korean forex reserves climbs with rising securities

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

31 July 2024
Emerging Asian currencies and stocks surge anticipating Fed decision

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.

19 July 2024
Taiwan dollar hits 8-year low on chip sell-off

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 …

13 June 2024
South Korean shares gain over 1% on Wall Street rally; Chipmakers shine

Key points: KOSPI rises as foreigners become net buyers Korean won strengthens against the dollar South Korea’s benchmark bond yield falls South Korean shares saw a strong rise of more than 1% on Thursday, following a rally on Wall Street. …

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