South Korea monitors falling yen
South Korean yen
Seoul - Yonhap
South Korea is closely monitoring the won-yen exchange rate that financial authorities say has reached a worrisome range and is encouraging exporters to take some hedging measures, officials said Sunday.
"The low-yen trend has entered its third year, but it is showing signs of accelerating recently," an official staying close to exchange issues said. "Any lopsidedness in exchange rates can negatively impact the local economy. We are watching the situation very closely."
The Korean won traded at 958.43 per 100 Japanese yen as of 5:50 p.m. Friday compared to 971.68 on Sept. 1. It rose from 1,017.48 won reached on Aug. 8.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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