Independent journal on economy and transport policy
01:38 GMT+2
Shipbuilders, automakers to benefit from falling won
(The Korea Herald)
March 23, 2001
The recent depreciation of the Korean currency against the U.S. dollar increases profits for Korean shipbuilders, auto makers and semiconductor manufacturers but heralds losses for the steel and petrochemical industries, which rely heavily on foreign loans, a report said yesterday.
The Federation of Korean Industries (FKI) report said that the country's ...... Read more on The Korea Herald
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