USD/KRW outlook: What next for the South Korean won?

The USD/KRW exchange rate drifted upwards after the latest interest rate decision by the Bank of Korea (BoK). It jumped to a high of 1,327, the highest level since May 19. The pair has jumped by more than 1.50% from the lowest level this week as the US dollar index (DXY) rises. Bank of Korea […]