Low impact
Barclays economist states that South Korean won strength may reduce Q2 GDP growth by 20 basis points and GDI growth by up to 200 basis points, with non-tech firms accounting for 66% of potential Q3 FX translation losses despite representing only 26% of KOSPI net profit.
Jin1008/18, 09:23 AM
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FirstSquawk08/18, 09:19 AM