USD zu KRW fiel auf 1469
https://i.redd.it/rdhp752y149g1.jpeg
USD zu KRW fiel auf 1469
https://i.redd.it/rdhp752y149g1.jpeg
3 Kommentare
I guess this is because after breaking records the past week the government said yesterday evening that they are planning on stabilising it, giving it a small boost.
*South Korea’s Ministry of Economy and Finance said Wednesday that an excessively weak Korean won is undesirable, according to the Yonhap News Agency. The ministry said the foreign-exchange market would soon see the South Korean government’s strong commitment to stabilizing the won, the news agency said, citing a press notice.*
They announced today they are giving people a tax break who sell their overseas investments and reinvest in the Korean market. Normally profit from overseas stocks has a 20% tax. So there’s suddenly some incentive to invest locally. Doubt this will change much though.
NPS selling your retirement away to make the local currency look better 😹😹