Arts & Culture 
 Business 
 Environment 
 Government 
 Health 
 Human Rights 
 Military 
 Philosophy 
 Science 
 U.S. Asian Policy 


Home > East Asia > 

Korean economy gets slammed
AFAR
3/8/2003

South Korea’s economy was hit this week with a “triple”, as stocks and exchange rates sunk while bond rates rose. The international exchange market is feeling the effects of the North Korea nuclear crisis, as the won-dollar exchange rate has been soaring. Many foreign investors at Seoul Securities Exchange have been selling en masse according to the Ministry of Finance and Economy.

© Copyright 2002-2007 AFAR