Korean Single Currency Unlikely For 10 Years

CURRENCY NEWS

SEOUL--A single currency for North and South Korea is unlikely in the next decade, say currency economists. This is despite the November 10 announcement by Korean officials that the two countries will use a single currency for cross-border transactions.

Claudio Piron, treasury economist at Standard Chartered in London, says a common currency to replace the North Korean and South Korean won is probably still 10 years away. Currency union would come in the final stages of reunification, he says

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: