imf korean currency should be further appreciated
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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IMF: Korean currency should be further appreciated

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Arab Today, arab today IMF: Korean currency should be further appreciated

Seoul - Yonhap

The South Korean currency is undervalued in the range of 2 percent to 8 percent, the International Monetary Fund said in its latest report, encouraging further appreciation of the won over the medium term. The IMF report dated Thursday said the won remained moderately undervalued by as much as 8 percent, with the upper end of the range seeming more plausible given the current account surplus run.

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imf korean currency should be further appreciated imf korean currency should be further appreciated

 



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