SEOUL, March 6 - A South Korean presidential aide said on Friday that the country's foreign currency reserves were more than adequate judging by international criteria. "There is no insufficiency of the funds," Bahk Jae-wan,...
SEOUL, March 6 - A South Korean presidential aide said on Friday that judging by international criteria, the country's foreign currency reserves were more than adequate. "There is no insufficiency of the funds," Bahk Jae-wan,...
* Won stable after hitting 14-mth high * KEPCO, importer deals prompt dlr-short covers * Intervention may cap dlr weakness (Updates to domestic close) SEOUL, Nov 17 - The South Korean won erased most of...
SEOUL, Oct 23 - The won rose against the dollar on Friday, led by broad weakness in the greenback and as General Motors Co [GM.UL] bought all of new shares issued by its South Korean...
SEOUL, Oct 22 - South Korea's finance ministry said on Thursday it had not mulled imposing controls on foreign bank branches' foreign currency liquidity. "The ministry has not considered regulations on foreign bank branches' liquidity...
* Won up on stocks, exporter demand before holiday * Traders wary of intervention by the authorities (Updates to domestic close) SEOUL, Sept 29 - The South Korean won rose against the dollar on Tuesday,...
* Won hits 11-mth high; exporters, G20 spur stop-losses * Seen rising further on eased worries about exit strategy (Updates to domestic close) SEOUL, Sept 25 - The South Korean won hit an 11-month high...
SEOUL, Sept 21 - South Korea's foreign exchange authorities were spotted buying U.S. dollars to curb the won's <KRW=> strength on Monday, traders said. "They could not help intervening in the market to cope with...
SEOUL, Sept 14 - The South Korean won steadied against the dollar after hitting its strongest in almost six weeks early on Monday amid persistent caution over possible dollar-buying intervention by the foreign exchange authorities....
SEOUL, Aug 28 - The South Korean won <KRW=> edged higher against the dollar on Friday as the U.S. unit's weakness against major currencies encouraged traders offset steep losses in Chinese shares. Traders said the...