Valentina
Fri Jun 07 2024
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6 answers
1145
Why is the value of KRW so low?
I've been hearing a lot about the fluctuations in the value of KRW recently. Could you possibly explain why the value of the Korean Won seems to be relatively low? Is it due to macroeconomic factors such as inflation or trade deficits? Or is it more influenced by external forces like the strength of other currencies or global economic trends? I'm curious to understand what drives the value of KRW and why it might be lower than other currencies at times.
