After U.S. Fed Chairman Ben Bernanke hinted at a possible tapering of its quantitative easing in May, the currency values of major emerging economies have sharply lost ground against the greenback. Unlike them, however, Korea’s won rose the most among major Asian currencies against the U.S. dollar as investors have relocated their investment to safer destinations.
After U.S. Fed Chairman Ben Bernanke hinted at a possible tapering of its quantitative easing in May, the currency values of major emerging economies have sharply lost ground against the greenback. Unlike them, however, Korea’s won rose the most among major Asian currencies against the U.S. dollar as investors have relocated their investment to safer destinations.

After U.S. Fed Chairman Ben Bernanke hinted at a possible tapering of its quantitative easing in May, the currency values of major emerging economies have sharply lost ground against the greenback. Unlike them, however, Korea’s won rose the most among major Asian currencies against the U.S. dollar as investors have relocated their investment to safer destinations.