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Korea 6th Hardest Hit by U.S. Financial Crisis

 
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Troll_Bait



Joined: 04 Jan 2006
Location: [T]eaching experience doesn't matter much. -Lee Young-chan (pictured)

PostPosted: Sun Oct 19, 2008 9:29 pm    Post subject: Korea 6th Hardest Hit by U.S. Financial Crisis Reply with quote

http://english.chosun.com/w21data/html/news/200810/200810200007.html
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call_the_shots



Joined: 10 Oct 2008

PostPosted: Sun Oct 19, 2008 10:49 pm    Post subject: Re: Korea 6th Hardest Hit by U.S. Financial Crisis Reply with quote

Funny how China is on this list of biggest stock market losses, and yet their currency has remained stable. I wonder where Korea would rank on list based upon currencies getting hit by the financial crisis. I can't imagine there are too many currencies doing worse than the won.
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wanderingross



Joined: 13 Oct 2008
Location: Incheon

PostPosted: Sun Oct 19, 2008 11:24 pm    Post subject: Reply with quote

China has a pegged currency. The exchange rate doesn't change. A better comparison would be the Yen.
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