Hyundai, one of the biggest exporters in Korea, has blamed the strong won for the fall in its second-quarter profit. Photo: Bloomberg Hyundai, one of the biggest exporters in Korea, has blamed the strong won for the fall in its second-quarter profit. Photo: Bloomberg
Hyundai, one of the biggest exporters in Korea, has blamed the strong won for the fall in its second-quarter profit. Photo: Bloomberg

Korean won loses allure on signs of intervention

Korean policymakers are likely to step up efforts to weaken the unit as its continued strength against the yen is taking a toll on exporters

Hyundai, one of the biggest exporters in Korea, has blamed the strong won for the fall in its second-quarter profit. Photo: Bloomberg Hyundai, one of the biggest exporters in Korea, has blamed the strong won for the fall in its second-quarter profit. Photo: Bloomberg
Hyundai, one of the biggest exporters in Korea, has blamed the strong won for the fall in its second-quarter profit. Photo: Bloomberg
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