Twelve global investment banks (IBs), including Standard Chartered and Nomura, predicted that the dollar-to-won exchange rate will remain around 1,440 Korean won over the next three months. They ...

This year’s average annual exchange rate against the dollar is expected to reach its highest level since 1998 (1,394.97 Korean won), with global investment banks forecasting the won-dollar rate to ...

What is the value of a country’s goods against those of another country, a group of countries, or the rest of the world, at the prevailing exchange rate? How does one determine whether a currency is ...