the korea won touched a six-year high againstthe u.s. dollar tuesday, as asia's fourth-largest economy reported a strong export performancein march. let's find out how high it got.... and whetherthere could be an intervention by the government or central bank.we're joined live in the studio by our regular contributor, dr. kim byoung-joo.
D-Cube City, yesterday we saw the korean won reach its highest value in more than 5-and-a-halfyears. in a relative sense, how high is this valuationreally? [ #1 : krw appreciation]
usually we see the won appreciating when foreigninvestors buy korean stocks. that wasn't the case yesterday. so, what happened? , , a 7-point-4 billion dollar current accountsurplus for march. again, in a relative sense, how big is this?[ #2 : current account surpluses] how do we expect the won to stabilize? which institutes could, if required, intervene tostabilize the won?
the korea won touched a six-year high againstthe u.s. dollar tuesday, as asia's fourth-largest economy reported a strong export performancein march. let's find out how high it got.... and whetherthere could be an intervention by the government or central bank.we're joined live in the studio by our regular contributor, dr. kim byoung-joo.
D-Cube City, yesterday we saw the korean won reach its highest value in more than 5-and-a-halfyears. in a relative sense, how high is this valuationreally? [ #1 : krw appreciation]
usually we see the won appreciating when foreigninvestors buy korean stocks. that wasn't the case yesterday. so, what happened? , , a 7-point-4 billion dollar current accountsurplus for march. again, in a relative sense, how big is this?[ #2 : current account surpluses] how do we expect the won to stabilize? which institutes could, if required, intervene tostabilize the won?