political instability News

Forecast: Korean Won to U.S. Dollar Exchange Rate Hits 1,440 in Q1 Amid Economic Challenges

The won-dollar exchange rate is forecasted to average 1,440 won in Q1, driven by political instability, economic challenges, and external pressures. Despite efforts to stabilize th...

South Korean Financial Markets Shaken as Exchange Rate Hits 1,480 Won and KOSPI Drops Below 2,400 Amid Political Crisis

South Korea's financial markets face turbulence as the won/dollar exchange rate exceeds 1,480 won and the KOSPI index falls below 2,400, amid political instability and a proposed i...

How U.S. FOMC Meetings Impact Short-term Korean Treasury Bond Yields

Recent analysis suggests that the U.S. Federal Open Market Committee (FOMC) has a greater short-term influence on Korean treasury bond yields compared to domestic political issues,...

South Korea's KOSDAQ Tumbles Over 5% Amid Political Turmoil and Currency Crisis

South Korea's KOSDAQ experiences a significant drop of over 5% due to political instability and an impeachment crisis involving President Yoon Suk Yeol. The won also hits its lowes...

South Korea's Political Turmoil Threatens Economic Growth: Goldman Sachs Analysis

Goldman Sachs warns of increased economic risks in South Korea due to political instability, including martial law and impeachment proceedings. The forecast for 2025 growth rate is...

South Korea's Political Turmoil Threatens Economic Growth and Currency Stability

The rejection of the impeachment motion against President Yoon Suk Yeol in South Korea has raised concerns about potential economic fallout, including a possible plummet in the Kor...