Korean Job Discussion Forums

[tomwaits]

I have recently moved over the water to China. (Thank God you are saying !!! ) Anyway my friend and I saw an odd bunch of headlines on Guangzhou TV last night. 1) Korea have devalued their currency... 2) Korea have introduced smaller bills...

But I see nothing about this and in fact my friend says ROK have a 100.000 Won note. Is any of this true??? Thanks in advance. (((If no one responds to this I will come back with Chinese "throwing stars" and start flinging 'em around Hooker Hill. )))

[ryleeys]

Ni hao!

They're thinking about making a 100,000 won note and changing the value of the won so that 1,000 won would be equal to 100, 10,000 worth 1,000, etc.

[Pyongshin Sangja]

The government is leaning toward accepting a Bank of Korea proposal to introduce larger denomination bills and update the designs by 2006, but is opposed to possible currency devaluation if the current banknotes are replaced with lower denominations under another central bank plan.

--From the Korea Herald. Sorry, no link.

[kangnamdragon]

I think there is a discussion about this under : General Discussion

[wylde]

japanese ninjas have the throwing stars