The main reason behind the Korean currency’s revival has been the sea-change in sentiment surrounding U.S.-China trade tensions.
SINGAPORE: The Thai baht’s reign as Asia’s best-performing currency is coming under threat from an unlikely source: South Korea’s won.
The baht has slumped into the bottom half of the regional rankings this quarter after heading the table for three consecutive three-month periods. The won meanwhile has shrugged off its chronic underperformance and rocketed to the top.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
