cdninkorea

Joined: 27 Jan 2006 Location: Seoul
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Posted: Mon May 26, 2008 10:25 pm Post subject: Another Money Thread: Should We Convert Our Savings? |
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Like many of you, I have a decent amount of savings here in Korea. Lately I'm thinking of converting it to another currency before the Korean won gets worse. Were I not planning to use the money for years I could wait it out, but as I will need to spend most of it in the next six months, the movement of the local currency in the near future is a concern.
Should people with short term savings in Korea convert to another currency? If so, which one?
(I realize no one can predict for certain, especially as there are likely no financial experts surfing this board). |
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