korean won

The general move partially mirrors the scramble back to dollars seen elsewhere, notably in the Korean won and Brazilian real.

Other currencies to watch out for include the Malaysian ringgit, Indonesian rupiah and Korean won, all at elevated levels themselves.

The South Korean won KRW= has dropped around 30 percent this year to its lowest since the Asia financial crisis a decade ago.

According to the reports, Pyongyang announced that old North Korean won notes are to be exchanged for new notes at the rate of 100 to one.

Local investors may also attempt to move money overseas, putting pressure on the Korean won.

The South Korean won has been weak against the U. S. dollar since the 2008 global economic crisis.

The bank has issued bonds in the South Korean won, the Singapore dollar and other currencies.

Increasingly important are Chinese tourists as the yuan's rise against the Korean won boosts their purchasing power.

All notes and coins in circulation were replaced by a new currency that lopped a couple of zeros from the old North Korean won.

The Malaysian ringgit , Taiwanese dollar and Korean won are also high on the list of currencies affected by the yuan .

The US dollar hit one-year lows against regional currencies, including the South Korean won, the Indian rupee and the Indonesian rupiah.

So far this year, the Malaysian ringgit is up 7. 5% against the dollar and the Korean won and Indian rupee are both up about 5%.

The US currency suffered hefty losses against other Asian currencies, notably the South Korean won and the Taiwan dollar.

And that means the Korean Won will get stronger. Korean exporters will suffer.

The Australian dollar , Korean won, and Chinese stocks in general are all well below recent highs .

The renminbi has gained around one third against the South Korean won since early July.

One exception is the South Korean won, which is exactly at its PPP, implying that it is overvalued against other emerging-market currencies.

South Korea's benchmark Kospi Index closed 3. 4% lower Monday and the Korean won was close to 1% weaker against the dollar.

Earlier, South Korean won ema 10 meters of water through the gun son Lee Dae-Myung and also the number of teams.

That pull was strongest on the Korean won, Thai baht, New Taiwan dollar and Singapore dollar.

These include regional currencies such as the Malaysian ringgit and the Korean won , which are seen as proxies for Chinese growth .

But the euro, the Korean won and the Swedish krona have also weakened by more than 6% against the dollar, and the yen has fallen by 7. 6%.

And the North Korean nuclear test didn't affect the South Korean won or surrounding currencies.

The Korean won surged 14 per cent against the US dollar, its biggest gain since December 1997.

Flows into the Korean won, Thai baht and Singapore dollar became a proxy for China.

The dollar has risen 7% against the Singapore dollar in the past month and 10% against the Korean won.

Other Asian currencies such as the Thai baht and the South Korean won are also undervalued.

The Korean won hit a nearly six-month low against the dollar, with the greenback racing to 1. 092. 10 won.

The ringgit, Korean won, Philippine peso and Thai baht are all up 5% against the dollar over that time.

Another is the South Korean won.

The Singapore dollar is undervalued by 18% and the South Korean won by 12%.

Mr. Gurwitz, for instance, advises clients to buy the Korean won, Taiwan dollar, Philippine peso and other currencies.

Japan has been in the spotlight as the yen has pushed the Korean won to a decade high and the New Zealand dollar to a 22-year high.

Total costs far outstripped the average annual household income at around 48. 3 million Korean won ($42, 400), according to government data.

The Australian dollar is 6. 5% below its recent high, while the South Korean won is 8% lower than its April high.

The average cost for one mobile video invitation is reportedly 400 Korean won (2. 4 yuan), 30 to 40 percent cheaper than sending by mail.

The Korean won has slipped about 1% this year while the Malaysian ringgit has dropped around 2. 4%.

The Korean won rose to Won1, 224 per dollar for the first time in six sessions and the benchmark Kospi index closed up 1. 6 per cent.

Korean Won Kuwaiti Dinar Laotian Kip Lebanese Pound Luxembourg Franc Macao Pataca Malaysian Ringgit Mali Franc

An Empirical Analysis of the Influence of Foreign Exchange Reserve in Korea on Korean Won's Exchange Rates