South Korea
Economy
The decisions by the Bank of Korea (BoK) and Central Bank of the Republic of China (CBRC, Taiwan) to cut interest rates by 25bps to 5.00% and 3.25% respectively should provide some...
2008-10-09Economy
We believe that South Korea's won could fall towards the KRW1,650-1,725/US$ range, if the current rout fails to peter out soon. The won has already plunged to a fresh 10-year low...
2008-10-08Economy
We see a growing possibility that the South Korean won could now fall to levels not seen since the 1997-98 financial crisis, and that the Indian rupee could glide to a new record...
2008-10-06Economy
Our anticipation yesterday of a short-term turnaround in South Korea's won has proved premature, and the currency on Thursday closed at a new 65-month low of KRW1,223.55/US$, smashing...
2008-10-02Economy
BMI View: The record current account deficit posted in August comes as further bad news for the South Korean won, which breached the important KRW1,200/US$ today and could conceivably...
2008-09-30Economy
BMI View: We reiterate our bearish view on the South Korean won and the Indian rupee. Macroeconomic data releases over the coming week are likely to weigh further on both currencies...
2008-09-29Economy
BMI View: We reiterate our view that the housing market policy package facing parliamentary approval will do little to revive domestic demand. In addition, the opposition to raising...
2008-09-23Economy
Asian currencies are seeing some encouraging bounces, amid a pronounced rebound in equities and a renewed weakening of the US dollar. In the short term, we could see further upside,...
2008-09-22
