Korea (KRW, Won) Currency FX Analysis
Last Updated by Anonymous | Update This Page Now
Korea SWOT Statistics
Currency Strength Survey
South Korea’s economy ranks 15th in the world by nominal GDP and 12th by purchasing power parity (PPP). The South Korean economy depends heavily on international trade, and in 2009, South Korea was the eighth largest exporter and tenth largest importer in the world. South Korea’s major industries include ship building, production of armaments, foreign and domestic construction, and production of Automobiles. In 2007, South Korea was ranked 36th of the most visited countries in the world with an estimated 6.4 million foreign tourists visiting that year. Incheon International Airport was rated the best airport worldwide consecutively since 2005 by Airports Council International.
Won Currency Analysis Update
Korea (KRW) has a fast growing Asian country with a market-based economy. Korea's Fundamental Currency Analysis (short term investment): Korea’s currency is undervalued as a result of the purchase price parity and the investment flow analysis. Korea's Value Investor Survey (short term investment): Korea’s economic environment is moderate, because high scores on economic freedom are offset by low scores on the SWOT analysis. Korea's Currency Trading Strategy: An undervalued currency, high investment flow potential and moderate business environment leads to a slightly positive outlook for Korean investments.
Factors That Positively Affect The Won
Factors That Negatively Affect The Won
- Presidential Pardons for Executives The South Korean president uses the power to pardon individuals, originally intended for miscarriages of justice, to release executive and other highly rich and powerful individuals. These pardons are...