Korea's Won Internationalization Plan: What a 3.4% Number Reveals
· Issue
Seoul just unveiled a plan to free the won after 30 years as a 'restricted currency.' Yet won settles just 3.4% of Korean exports, versus 84.2% in dollars.
· Issue
Seoul just unveiled a plan to free the won after 30 years as a 'restricted currency.' Yet won settles just 3.4% of Korean exports, versus 84.2% in dollars.