South Korea May Step Up Currency Defense Near 1,500 Level, Analysts Say
South Korea may step up its defense of the won should the currency weaken toward the psychologically important 1,500‑per‑dollar level, a threshold unseen since 2009, according to analysts.
By Susie Kang · Bloomberg Markets
South Korea may step up its defense of the won should the currency weaken toward the psychologically important 1,500‑per‑dollar level, a threshold unseen since 2009, according to analysts.