Rising won, rates, oil pose downside risks
EconomyJan 15, 2018
The prospects of a simultaneous rise in the value of the won, interest rates and oil prices are casting a shadow on the government’s expectation that the Korean economy will grow more than 3 percent this year, propelled by a continuous rise in exports and a rebound in domestic demand. Trade officials here worry that such upward trends might be coupled with lingering uncertainties in the financia...