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    The Latest Change In World Currency: Won

    2016/6/9 22:12:00 37

    CurrencySouth KoreaTechnology

    1 won =0.0057 RMB

    1 yuan =176.6138 won

    Bloomberg quoted the announcement from the Ministry of finance of the Republic of Korea by e-mail that South Korea has adjusted its foreign exchange policy and will set up a ROK yuan direct trading market in China.

    So far, South Korea has only allowed the won to be used overseas for trade purposes; this adjustment will allow the won to be used for capital pactions in China.

    This adjustment will enhance the use of Korean won overseas.

    After choosing the market maker, the Central Bank of China

    currency

    Direct trading in China will start at the end of 6.

      

    The Republic of Korea

    Founded in August 15, 1948, it is a republic in the southern part of East Asia's Korean Peninsula. Its name comes from three Korean tribes in the southern part of the ancient Korean Peninsula (Chen Han, Ma Han, Han Han). The English name Korea originated from the ancient name "Korea".

    The executive capital of Korea is shzong. The presidential palace and Parliament are still in Seoul. Korea has become the two capital country.

    South Korea is a member of the group of 20 and OECD. It is also a founding member of the Asia Pacific Economic Cooperation (APEC) and East Asia Summit, and one of the four small dragons in Asia.

    Since 1960s, the Korean government has implemented the "export led" development strategy and created the world-famous "Hanjiang miracle".

    It is an OECD developed country with perfect market economy system.

    It is also the only developed country in the next 11 countries.

    The information technology industry in Korea has been strong for many years.

    science and technology

    In addition to the world-famous high-speed Internet service, flat panel display devices and mobile phones, such as memory, LCD and plasma display, are all in the leading position in the world market.



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