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Us Dollar/Won Exchange Rate rising

 
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usteach



Joined: 12 Apr 2003

PostPosted: Thu Oct 16, 2003 7:20 pm    Post subject: Us Dollar/Won Exchange Rate rising Reply with quote

Does anyone know if the exchange rate for the Won vs. dollar is still expected to hit the 1100 mark in December? It was steadily decreasing the last 6 weeks then wham- it jumped up about 27 points in the last week . ( not good if your sending a chunk of Won home)
I've been trying to follow local news to see- but any other input appreciated.
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kangnamdragon



Joined: 17 Jan 2003
Location: Kangnam, Seoul, Korea

PostPosted: Thu Oct 16, 2003 8:22 pm    Post subject: Reply with quote

I heard if the US government gets its way, it may go up another 10% (up being good for us). Very Happy I still remember when it was 800 won to the dollar. Oh well..............
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Tiger Beer



Joined: 07 Feb 2003
Location: Hong Kong

PostPosted: Fri Oct 17, 2003 12:25 am    Post subject: Reply with quote

I don't know..

But I sent a good chunk of change home yesterday (Thursday), really kicking myself I didn't do it on Monday before it had this big turn around.
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