Global investment banks (IBs) have forecasted that the won-to-dollar exchange rate will average around the 1,420 Korean won range over the next year. With this year’s annual average exchange rate ...

Nordea notes the potential short-term Euro risks and potential dollar short covering, but still sees dollar gains as temporary given US fundamentals. The bank is forecasting renewed gains to 1.22 at ...

Standard Chartered, Nomura, and 10 other global investment banks (IBs) predicted that the won-to-dollar exchange rate will remain around 1,440 Korean won over the next three months. The average rate ...