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A service for FOREX trading professionals · Friday, May 9, 2025 · 810,952,365 Articles · 3+ Million Readers
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South Korea FOREX Trading Newswire

  • Published on 02:49 GMT

    S. Korea forex reserves plummet to 5-year low

    FILE PHOTO: A South Korea won note is seen in this illustration photo May 31, 2017. [Photo/Agencies] South Korea's foreign exchange reserves dropped to a five-year low in April, figures showed, as authorities announced that they will implement 24- …

    Source: China Daily Global - Gov't Propaganda
  • Published on May 8, 2025

    NRB sets today’s foreign exchange rates

    KATHMANDU: Nepal Rastra Bank has published the foreign currency exchange rates applicable for Thursday. As per the bank, the buying rate for one US dollar is set at Rs. 135.43 and the selling rate at Rs. 136.03. The euro is being traded at Rs. 153.95 for …

    Source: Nepal News - Neutral
  • Published on May 7, 2025

    South Korea FX reserves drop to lowest in 5 years on market stabilising efforts

    SEOUL :South Korea's foreign exchange reserves dropped to the lowest level in five years in April, caused by market stabilising measures to ease the impact of global trade volatility. Reserves stood at $404.67 billion at the end of April, down $4.99 …

    Source: Channel News Asia - Pro-Government
  • Published on May 7, 2025

    Nepal Rastra Bank publishes Wednesday’s foreign exchange rates

    KATHMANDU: Nepal Rastra Bank has published today’s foreign currency exchange rates. As per the central bank, the buying rate for one US dollar is NPR 134.80, while the selling rate is NPR 135.40. The euro is being traded at NPR 152.70 for buying and NPR …

    Source: Nepal News - Neutral
  • Published on May 6, 2025

    Bank of Korea chief says volatility in FX market to continue, Yonhap reports

    SEOUL :South Korea's central bank chief said currency volatility will likely continue for some time amid uncertainties in the global economy and domestic politics, the Yonhap news agency reported on Tuesday. "It is still too early to say whether …

    Source: Channel News Asia - Pro-Government
  • Published on May 6, 2025

    BOK chief sees prolonged volatility in FX market amid domestic, global uncertainties

    Published: 06 May. 2025, 17:00 Bank of Korea (BOK) Gov. Rhee Chang-yong speaks to reporters at a hotel in Milan on May 6 in this photo provided by the bank. [YONHAP] Volatility in the foreign exchange (FX) market will likely persist for some time amid …

    Source: Korea JoungAng Daily - Center-right
  • Published on May 5, 2025

    Japan, China, South Korea, ASEAN enhance regional financial safety net

    By Makiko Yamazaki (Reuters) -Japan, China, South Korea and the 10 ASEAN countries agreed to enhance their regional financial safety net by launching a new lending facility aimed at swiftly responding to crises caused by pandemics and natural disasters. …

    Source: WSAU - Wisconsin - Pending
  • Published on May 8, 2025

    Taiwan would not be labeled ‘manipulator’: Yang

    Central bank Governor Yang Chin-long (楊金龍) yesterday dismissed the possibility of Taiwan being labeled a currency manipulator by the US Department of the Treasury. “I’m confident that Taiwan will not be labeled as a currency manipulator,” Yang said at a …

    Source: Taipei Times - Neutral
  • Published on May 5, 2025

    NRB publishes foreign exchange rates for Monday

    KATHMANDU: Nepal Rastra Bank has issued the official foreign currency exchange rates for Monday. As per the updated figures, the buying rate for one US dollar is set at Rs 135.04, while the selling rate is Rs 135.64. The euro is priced at Rs 152.54 for …

    Source: Nepal News - Neutral
  • Published on May 6, 2025

    Banks rush out translation, forex services as Korea's foreign population hits 2.65 million

    Published: 07 May. 2025, 07:00 Audio report: written by reporters, read by AI Notices for foreign visitors are displayed in Myeong-dong, central Seoul, on April 28. [YONHAP]   Competition among Korea’s financial institutions is heating up as they target …

    Source: Korea JoungAng Daily - Center-right
  • Published on May 6, 2025

    Beijing’s firm yuan nudge can cool Asia forex rally

    Foreign exchange traders just had their wings clipped by the People's Bank of China. In the wake of a sharp rally for Asian currencies, they were expecting the country's central bank to make way for further falls against the dollar when it …

    Source: Daily Star - Neutral
  • Published on May 8, 2025

    India’s 5.1 M Troops are Triple Pakistan’s 1.7 M, And They Spend 3x as Much Per Soldier

    Key Points Some of the most heavily funded militaries in the world come from the Asian continent China’s push for naval expansion and Russia’s investment in fifth-generation aircraft are some examples of what this military funding is going towards The …

    Source: 24/7 Wall St. - Neutral
  • Published on May 8, 2025

    G7 To Confront North Korea's Crypto-Funded Cybercrime Surge

    (MENAFN- The Arabian Post) Leaders of the Group of Seven nations are set to address the escalating threat of North Korea's cryptocurrency-fueled cybercrime at their upcoming summit in Alberta, Canada. The agenda reflects growing international concern …

    Source: MENAFN - Indeterminate
  • Published on May 8, 2025

    (LEAD) KT&G Q1 net falls 9.7 pct on lower FX gains

    (ATTN: RECASTS throughout; ADDS photo) SEOUL, May 8 (Yonhap) -- KT&G Corp., South Korea's dominant tobacco company, said Thursday its first-quarter net profit fell 9.7 percent from a year earlier due to reduced foreign exchange gains. Net profit …

    Source: Yonhap News Agency - Center-right
  • Published on May 8, 2025

    Jin Air's Q1 net profit drops 33 pct amid tough market competition

    SEOUL, May 8 (Yonhap) -- South Korean low-cost carrier Jin Air Co. said Thursday its first-quarter net profit declined 33 percent from a year earlier amid intensifying market competition and rising operational costs. Jin Air's net profit for the …

    Source: Yonhap News Agency - Center-right
  • Published on May 8, 2025

    FBM KLCI slips on profit-taking; tech stocks rally

    KUALA LUMPUR: The FBM KLCI ended lower as profit-taking outweighed bargain-hunting, bucking the trend of regional peers following yesterday’s gains. The market barometer slipped 7.16 points, or 0.46%, to close at 1,542.74—just above its intraday low of 1, …

    Source: The Malaysian Star - Indeterminate
  • Published on May 8, 2025

    Asian banks see big boost to wealth business as currencies rally

    By Selena Li, Yantoultra Ngui and Anton Bridge HONG KONG/SINGAPORE (Reuters) -A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to U.S. dollar-denominated assets and demand for hedging …

    Source: Yahoo Finance - Pending
  • Published on May 8, 2025

    FTA To Double India's Market Share In UK’S Garment Imports: Report

    (MENAFN- IANS) Mumbai, May 8 (IANS) India is expected to double its market share from 6 per to 12 per cent in the UK's ready-made garments imports following the free trade agreement, translating into an incremental annual export opportunity of around $ …

    Source: MENAFN - Indeterminate
  • Published on May 8, 2025

    Gov't to closely monitor financial markets after U.S. rate freeze

    SEOUL, May 8 (Yonhap) -- The finance ministry said Thursday it will closely monitor the country's financial markets to assess the impact of the latest U.S. rate freeze, noting persistent uncertainties surrounding global trade. In an interagency meeting …

    Source: Yonhap News Agency - Center-right

04 days 00:08:36

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