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Asia Times

Covering geo-political news and current affairs across Asia

Tag: NDFs

Hedging plays turning won into yuan proxy

by Lee Shin-hyung June 21, 2019February 18, 2020

The Korean won’s value fell sharply against the US dollar in May as the US-China trade war intensified. With the won falling by an even wider margin than the yuan itself, there were fears that the South Korean economy was becoming increasingly exposed to forces beyond its control. With the won falling to almost 1,200 […]

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