Tag: won

With the move, companies dealing in the Korean won are expected to see significant savings in transactional costs and lessened currency risks.

The UK’s surprise decision to leave the European Union sparked panic, but FX experts CT talked to think things are returning to business as usual.

*RMB-KRW direct trade starts *Hong Kong launches RMB indices *China and Russia ink RMB clearing deal *Singapore to include RMB in Official Foreign Reserves

South Korea’s economy is suffering; the nation’s most pressing issue is defend against the the slowing China economy.

It's was well covered in the British press, but it is worth highlighting how a volatile currency can cause misery when selling or buying a foreign business.

Following the move by the People’s Bank of China to devalue the renminbi, CT compiles excerpts from analyst reports to assess what it means for Asia’s treasurers.

Korea’s decision to cut its benchmark rate appears to help weaken the won, benefiting the country’s exporters. “Abenomics” was blamed for the unseen move. Are most Asian nations at risk of having to take the same approach? CT asks the experts.

Continuous threats made by North Korea are beginning to wear thin on South Korea's market.That said, the won has been volatile over the last few months. CT asks the experts what is really driving the won.

It's been argued the fall back in the influence of risk over FX implies that yields should take on more influence. If true, what does this mean for Asian emerging markets' currencies? CT asks the experts.

In order to contain volatility and strong appreciation of its currency, Korea has decided to cut bank limits on FX positions. The impact could see corporates move towards the FX swap and cross-currency swap markets to source dollar funding.

Korea warns against “excessive strength” of the won, hinting a willingness to intervene. What strategies has the country adopted in the past and how effective have they been? CT asks the experts.

Korea is seeking to reduce its reliance on US dollars as a trade currency, and hoping to tap its swap line with China more. CT asks is this a sound strategy?