Korea’s won is a long way off from going global – opinion

18 Sep 2012

South Korea’s dreams of establishing the won as an international currency may only come true if it is able to boost growth and strengthen monetary policy.

Can we reach a time when the South Korean won becomes one of the world’s most utilitised currencies?

South Korea’s Finance Minister Bahk Jae Hwan told Yonhap News on September 16 that he has begun talks with the Chinese on drawing from their Rmb360 billion (US$57 billion) swap agreement to lend ...

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