Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How the Korean Won Crisis Is Reshaping Emerging Market Currency Plays
South Korea's currency crisis has deepened through June 2026, with the won hitting 1,615 per dollar and the Korea ETF (EWY) dropping nearly 10% in a single week. Lucas and Luna drill into why Korea — a $1.8 trillion economy with strong exports — is facing a currency collapse that reeks of 1997, and what that means for other emerging markets. They look at the Bank of Korea's depleted reserves, the role of Chinese export curbs on Korean chips and batteries, and why this isn't just a Korea story: the strong dollar is pressuring the whole EM complex, from Taiwan to India. They also…
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