Dollar heads for a weekly gain as the yen nears 160 per dollar, with Japan intervention data and rate gaps in global market focus....
Tag : foreign exchange
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...
The Korean won hit a new yearly low, falling to 1,471.35 per dollar, as US tariffs and domestic political tensions increase economic uncertainty in South Korea....