Shipbuilders, automakers to benefit from falling won
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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