Bank of Korea Governor Lee Chang-yong Prepared to Respond to Exchange Rate Volatility
[비즈니스포스트] Bank of Korea Governor Lee Chang-yong once again emphasized that the bank is prepared to respond to exchange rate volatility. In a talk at the Spring Meeting of the International Monetary Fund (IMF) held in Washington, DC, USA on the 17th (local time), Governor Lee said, “Our exchange rate has fallen slightly compared to […]
Samsung Electronics Seocho Building in Seoul Experiences Stock Price Dip Amid Exchange Rate Challenges
Samsung Electronics Seocho Building in Seoul on the 9th. /happy news Samsung Electronics (005930) fell below the 80,000 level won. As the exchange rate of the won against the US dollar increased close to 1,400 won, foreign investors appear to be ‘selling’. Samsung Electronics stocks traded at 79,900 won on the stock market at 10:58 […]
Navigating the Impact of High Oil Prices and Exchange Rates: Response from Korean Authorities and Businesses
Pressure to raise prices due to high oil prices and exchange rates Bank of Korea: “Exchange rate threat is lower than before” The Ministry of Trade, Industry and Energy is examining crude oil supply and export logistics Foreign exchange authorities suggest intervention when exchange rates soar The won-dollar exchange rate is displayed at the currency […]
The Rising Won/Dollar Exchange Rate: Factors and Implications
▲ Past 1 On the afternoon of the 2nd, a dealing room at the main branch of Hana Bank in Jung-gu, Seoul, won/dollar, KOSDAQ status board The government and the Bank of Korea stressed that they would fulfill their role as foreign exchange authorities amid concerns about a surge in the won/dollar exchange rate due […]
US Dollar Strengthens as CPI Surges, Won Hits 17-Month High
The won/dollar exchange rate increased on the 11th due to the US Consumer Price Index (CPI) shock, reaching the highest level in 17 months. On this day, the won-to-US dollar exchange rate in the Seoul foreign exchange market closed at 1,364.1 won, up 9.2 won from the previous trading day. The exchange rate opened at […]
Currency rates today, Sunday 4-7-2024, at the National Bank of Egypt
We publish currency rates against the Egyptian pound today, Sunday 4/7/2024, according to the morning updates at the National Bank of Egypt, where the price of the dollar recorded 47.32 pounds to buy, and 47.42 pounds to sell, and the price of the euro recorded 51.06 pounds to buy, and 51.43 pounds to sell. “The […]
Forecasting the Movement of the Baht: Economic News Update 2024-04-06
Economic news 11:44 am 2024-04-06 Kasikorn Bank (KBANK) sees the movement of the baht next week (8-12 April) at the level of 36.20-37.20 baht / dollar from the market closing on Friday, 5 April at 36.65 baht / dollar. last week The baht hit its weakest level in almost six months at 36.84 baht/dollar before […]
Dengue Fever, Mosquito Repellent Shortages, and Economic Woes: Investigating Argentina’s Crisis
Deaths from dengue fever are increasing in Argentina. The vaccination plan against dengue fever is going sideways due to high prices, and mosquito repellents are in short supply due to the exchange rate and skyrocketing prices. Behind all this is President Millay’s economic policy. We investigated Argentina’s dire economic woes through dengue fever and mosquito […]
The central bank stabilizes exchange rates!The Taiwan dollar closed at 31 yuan and dropped 4.13 cents in March – Free Finance
The central bank stabilizes exchange rates! The Taiwan dollar closed at 31 yuan (photo by reporter Chen Meiying) [Reporter Chen Meiying/Report from Taipei]Although Taiwan stocks benefited from the huge overbuying of investment funds and surged by more than 100 points; the New Taiwan dollar exchange rate against the U.S. dollar fell below the 32 yuan […]
KOSPI Index Marks New High for the Year with Strong Performance in Semiconductor Stocks
[비즈니스포스트] The KOSPI index recorded a new high this year based on the closing price. On the 26th, the KOSPI index ended trading at 2757.09, up 19.52 points (0.71%) from the previous day. On this day, the index broke the highest record of the year based on the closing price. ▲ On the 26th, the […]
