Arab Today, arab today korea\s smes need to brace for currency risk
Last Updated : GMT 22:49:43
Arab Today, arab today
Arab Today, arab today

Korea\'s SMEs need to brace for currency risk

Arab Today, arab today

Arab Today, arab today Korea\'s SMEs need to brace for currency risk

Seoul - Yonhap

South Korean small and medium enterprises (SMEs) should brace for possible volatility in the currency market as economic uncertainties are growing, local observers said Tuesday. At a meeting of the Federation of Korean Industries (FKI), analysts said that currency risks have been rising due to the U.S. Federal Reserve's tapering of its bond-buying program, slowing growth in China and the weakening of the Japanese yen, posing a threat to SMEs here.

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