South Korea’s won tumbled along with the Thai baht -
theold - 14-09-2022
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/2022-09-14/korean-won-slides-most-in-three-months-as-dollar-jumps-on-us-cpi
RE: South Korea’s won tumbled along with the Thai baht -
cityhantam - 14-09-2022
Assmerica 剪羊毛!
Cham liao!
RE: South Korea’s won tumbled along with the Thai baht -
Bigbluedot - 14-09-2022
One more financial crisis n the making
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RE: South Korea’s won tumbled along with the Thai baht -
cityhantam - 14-09-2022
(14-09-2022, 11:17 AM)Bigbluedot Wrote: One more financial crisis n the making
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This time the worst could be Europe!
RE: South Korea’s won tumbled along with the Thai baht -
Sticw - 14-09-2022
Every currency tank but our MAS decides to hold SGD strong... Penny wise pound foolish act?