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Strengthening Dollar Emerges as Mounting Risk to Korean Firms
Summary by The Korea Times
2 Articles
2 Articles
Strengthening dollar emerges as mounting risk to Korean firms
The prolonged appreciation of the U.S. dollar against the Korean won is increasingly threatening the earnings of major Korean firms, especially those heavily reliant on exports and imports. Concerns are mounting as the won-dollar exchange rate has hovered above 1,400 won per dollar for more than a month. The rate recently climbed past 1,470 won — a seven-month high — with no immediate signs of stabilizing. Airlines are among the major industries…
·Korea, Republic of
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Coverage Details
Total News Sources2
Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
Factuality
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