September 2021

USD/KRW to sink toward 1,130 by mid-2022 as Korean vaccinations accelerate – MUFG

The Korean won depreciated by 1.6% against the US dollar in August, making a cumulative 8% year-to-date depreciation. A positive is that the pace of vaccination has been accelerating lately, which is set to boost KRW in the medium-term, according to strategists at MUFG Bank. Progress in vaccination will boost KRW in medium-term “Progress in

USD/KRW to sink toward 1,130 by mid-2022 as Korean vaccinations accelerate – MUFG Read More »

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