South Korea warns of strengthening won

09/25/2013 | (South Korea) · (South Korea)

Foreign funds are flowing uninterrupted into South Korea's economy as the won extends its gains against the dollar, raising alarm among government authorities and exporters. The inflow of funds comes after the U.S. Federal Reserve's surprise decision last week to maintain its bond-buying program. Meanwhile, a Korean lawmaker pointed with concern to the government's record 67.8 trillion won of borrowing from the central bank in the first half.

View Full Article in: (South Korea) · (South Korea)

Published in Brief: