Tag: weak won

weak won

Latest News

Crowded Myeongdong street in central Seoul with pedestrians, shop signs, and colorful advertisements.

No rooms left: Seoul hotels struggle to meet demand as tourists flood their halls

A tourism boom caused by favorable exchange rates is filling Seoul hotels to the brim, even as room shortages drive up prices.

2026.7.14

Asia Development Bank maintains Korea's 2024 economic growth forecast at 2.2%

The Asian Development Bank (ADB) on Wednesday maintained its next year's economic growth forecast for Korea at 2.2 percent while revising up its forecast for the country's inflation to 2.5 percent.

2023.12.13

The won back at crisis levels

The weakening of the won stems largely from the external factors of a strong dollar, but its also reflects some domestic conditions. Companies and financial institutions must enhance risk management against volatile exchange rates.

2022.9.15

Tag: weak won

weak won

Latest News

No rooms left: Seoul hotels struggle to meet demand as tourists flood their halls

Asia Development Bank maintains Korea's 2024 economic growth forecast at 2.2%

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The won back at crisis levels