Serving on the Forgotten Frontier

ROK Drop

March 18th, 2008 at 4:43 am

US Dollars Soars Against the Korean Won

It seems like the dollar is dropping against every other currency in the world, but for some reason the Korean Won continues to rise finishing at 1029 won to $1 US dollar yesterday.

Popularity: 5%

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  • Tim
    8:47 am on March 18th, 2008 1

    Psssssssttt…. The U.S. dollar is also gaining ground on the Philippine Peso even though losing strength with most other major world currencies.

  • Dave in Songtan
    10:30 am on March 18th, 2008 2

    My wife was telling me that they expect the won to drop to 1500 to the dollar. The Korean economy is headed for the shitter, which absolutely sucks for me.

 

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