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Real Income Rises at Fastest Rate

 
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Real Reality



Joined: 10 Jan 2003
Location: Seoul

PostPosted: Sat Sep 05, 2009 5:29 pm    Post subject: Real Income Rises at Fastest Rate Reply with quote

Real Income Rises at Fastest Rate in 21 Years
Chosun Ilbo
http://english.chosun.com/site/data/html_dir/2009/09/04/2009090400806.html
Quote:
Korea's real gross national income rose in the second quarter by the largest margin in 21 years. The Bank of Korea on Thursday said Korea's GNI rose 5.6 percent on-quarter. Real GNI represents the public's actual purchasing power....

Meanwhile, how is the exchange rate doing in the last few years?
Historic Exchange Rates
Korean Won to 1 US Dollar
Average Rate (2004): January: 1183 KRW
Average Rate (2005): January: 1038 KRW
Average Rate (2006): January: 983 KRW -- June: 954 KRW -- December: 925 KRW
Average Rate (2007): January: 937 KRW -- February: 937 KRW
March: 943 KRW -- April: 931 KRW
May: 928 KRW -- June: 928 KRW
July: 918 KRW -- August: 935 KRW
September: 929 KRW -- October: 915 KRW
November: 918 KRW -- December: 931 KRW
Average Rate (2008)
January: 942 KRW -- February: 944 KRW
March: 982 KRW -- April: 987 KRW
May: 1035 KRW -- June: 1031 KRW
July: 1016 KRW -- August: 1046 KRW
September: 1132 KRW -- October: 1327 KRW
November: 1399 KRW -- December: 1359 KRW
Average Rate (2009)
January: 1362 KRW -- February: 1443 KRW
March: 1454 KRW -- April: 1334 KRW
May: 1254 KRW -- June: 1262 KRW
July: 1263 KRW -- August: 1240 KRW
September: 1245 KRW
Historic Exchange Rates at x-rates.com
http://www.x-rates.com/cgi-bin/hlookup.cgi


Last edited by Real Reality on Sat Sep 05, 2009 5:40 pm; edited 1 time in total
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xingyiman



Joined: 12 Jan 2006

PostPosted: Sat Sep 05, 2009 5:32 pm    Post subject: Reply with quote

Down with the dollar!
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