The Korea Economic Slice on KBC is produced by Korea Business Central (KBC) and independent analyst Robert Eberenz (DS Market Research, President).

Offering a comprehensive weekly financial outlook, from macro-economic, geopolitical, and technical analysis perspectives, this report provides readers with real time, objective market analysis “from the ground” in the Republic of Korea.

The Washington D.C. summit in 2008 crowned the Group of Twenty Nations (G20), as the official global economic summit of industrialized countries. Two years in, Korea is proud to have been chosen to Chair the 2010 G20 summit, which was kicked off in Busan last week for a meeting of the group's finance ministers. Hosting the G20 certainly represents a milestone on Korea's global economic ascent; however, the communique out of Busan begs a dissimilar fate for the unification of the group. In this edition of the Korea Economic Slice on KBC, we'll analyze the effects of the Busan G20 communique on Korea's economy and take a look at market moving economic data to be released in the week ahead...

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Tags: Busan, Debt, Finance, G20, Household, Korea, Loans, Ministers, Sovereign

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Another excellent report. Thanks, Robert.

The rate that is always most on my mind is the exchange rate. As mentioned in this weeks KES report, considering that Korea is holding $270+ billion in US currency, that only 48% or so of Korean debt is held outside the country, the strong exports by Korean manufacturers, the Korean economy is recovering strongly and that the initial shocks from the European financial crisis and the Cheonan incident are wearing off...

... why in the world is the Korean currency back up at W1250/US$ and climbing?

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