South Korean Won (KRW)

News: South Korean Won

• Asian, European Stocks Rise After U.S. Home Sales; JGBs Fall - BusinessWeek (3 September 2010, 8:21 am)
• Asian Stocks, Won Climb on IMF Forecast, U.S. Manufacturing; Copper Gains - Bloomberg (2 September 2010, 2:39 am)
• South Korea Looks to IMF in Search for Global “Safety Net” - BusinessWeek (31 August 2010, 11:23 am)

Reports & Events: South Korean Won

• Korean gross domestic product grew at mild pace ... - FXStreet.com (3 September 2010, 6:34 am)
• South Korea’s Economy Grew 1.4% in the Second Quarter - BusinessWeek (2 September 2010, 11:38 pm)
• IMF revises up 2010 growth outlook for S. Korea to ... - Balita News (2 September 2010, 4:15 pm)

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About the South Korean Won

The Korean “won” (plural: n/a) is the official currency used in the country of South Korea. Its official currency code is “KRW” and it is symbolized by a “₩”. The primary denominations include 1, 5, 10, 50, 100 yen coins (1 won = 100 jeon, however, jeon are not used); and 1000, 5000, 10 000, and 50 000 won paper bank notes. In South Korea, decimal numbers are denoted using a point (e.g. 1.50). The won has a floated exchange rate.

Central Bank: The Bank of Korea