15000 korean won to usd - Weak footing persists despite pause – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong observes that Asian FX has shown tentative stabilization after a multi-week sell-off linked to the Iran conflict, but characterizes the move as consolidation. Without a quick resolution, growth- and Oil-sensitive currencies such as South Korean Won (KRW), Philippine Peso (PHP) and Thai Baht (THB) may stay soft, even as policymakers lean against volatility with several pairs near multi-year or all-time lows.