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Korea's export-import prices rise in February on stronger Korean won

2018-03-14 2 Dailymotion

South Korea's export-import prices for February inched up from the previous month on the stronger Korean won.<br /> According to the Bank of Korea on Wednesday, export prices rose one percent on-month on the back of a rise in chemical and electronics prices. <br />Import prices also rose zero-point-seven percent on-month despite a fall in global oil prices.<br /> In February, crude oil prices into Korea slumped by over five percent on-month to less than 63 U.S. dollars a barrel.<br />The central bank said the prices were mainly affected by the appreciation of the Korean won against the greenback. <br />

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