Why Is the Korean Won Rising While Samsung and SK Hynix Fall?

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The South Korean won climbed to a two-year high against the dollar on Monday. Shares of chipmakers Samsung and SK Hynix, whose dollar sales help support the currency, traded lower. This divergence emerged as Seoul’s markets reopened after a three-day holiday. Both the benchmark KOSPI and the tech-heavy KOSDAQ posted losses.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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