14-09-2022, 10:42 AM
South Korea’s won tumbled along with the Thai baht after a hotter-than-expected US inflation print boosted the dollar.
The Korean currency slid as much as 1.6% to 1,395.55 per dollar, the biggest drop since June. The baht plunged as much as 1.2% to 36.686 to the greenback while the Malaysian ringgit weakened 0.3%.
https://www.bloomberg.com/news/articles/...-on-us-cpi
The Korean currency slid as much as 1.6% to 1,395.55 per dollar, the biggest drop since June. The baht plunged as much as 1.2% to 36.686 to the greenback while the Malaysian ringgit weakened 0.3%.
https://www.bloomberg.com/news/articles/...-on-us-cpi