S. Korea's won jumped last week after official steps and pension hedging, but the yearly average hit a post-crisis high, ...

On the 30th, the won-dollar exchange rate closed at 1,439 Korean won, up 9.2 won, marking the final weekly trade of the year. Due to the government’s strong intervention, the won exchange rate ...

Without a fundamental shift in the economy’s structure, currency volatility and inflationary pressure will only intensify.