South Korean Won Hits 1,400 Per Dollar as U.S. Rate Gaps Widen
-
最新报道：South Korea's won weakened past 1,400 per dollar for the first time since 2022 as the currency faces widening rate gaps with the US. The won fell 0.4% to 1,400.10 against the dollar, marking a 6.5% decline this year - the worst performer among Asian currencies. Analysts attribute the slide to expectations that the Federal Reserve will maintain higher interest rates while the Bank of Korea may cut rates later this year. The widening yield gap between US and Korean bonds is pressuring the won, with the 10-year Treasury yield premium over Korean bonds hitting 1.9 percentage points - the widest since 2000. Authorities have warned against excessive currency moves but haven't signaled direct intervention yet.
下一篇
0xSun: We have gone long on ETH and shorted a basket of altcoins for hedging. We believe that the funds from institutional purch
- According to Bijie.com, on August 1 (UTC+8), Smart Money and crypto influencer 0xsun.sol (...
24小时热点
热点专题
417590