Tag: Interest Rate

The Era Where 1,400 Won is the 'Default': Why is the US Central Bank Toying with Rate Hikes Again?

Easily understand why the 1,400 won exchange rate has become the new normal and how the potential interest rate hike by the US Federal Reserve (FOMC) impacts our economy.

The 10,000 Won in My Wallet is Shrinking? How Will My Life Change in the 1,500 Won KRW/USD Era?

The KRW/USD exchange rate is threatening the 1,500 won mark for the first time in 17 years. We explain in easy terms how the Middle East war, rising international oil prices, and the 'Seohak Ants' investment fever in US stocks are affecting our economy and cost of living.