South Korea's currency has been under pressure lately. The Bank of Korea points to a few factors driving the weakness in the won: the yen continuing to struggle, which creates spillover effects across the region, mounting geopolitical tensions that's been keeping investors on edge, and steady outflows as Korean residents keep moving money overseas. It's a mix that's making currency management trickier.
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GasFeeTherapist
· 01-17 10:25
The Korean won has been rubbed on the ground again... The combination of the yen's drag, geopolitical risks, and capital outflows is really fierce.
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WalletManager
· 01-15 03:05
The Korean Won has been exploited again; to understand the true situation of capital outflows, we need to look at on-chain data.
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MEVHunterZhang
· 01-15 02:12
The Korean won is underperforming again; it seems that the entire Asian region will have to suffer along with Japan.
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LiquidityWitch
· 01-15 01:55
The Korean won is starting to slide again, but this time I really can't hold on... Did the Japanese yen ruin the whole of Asia? Oh my god
South Korea's currency has been under pressure lately. The Bank of Korea points to a few factors driving the weakness in the won: the yen continuing to struggle, which creates spillover effects across the region, mounting geopolitical tensions that's been keeping investors on edge, and steady outflows as Korean residents keep moving money overseas. It's a mix that's making currency management trickier.