Could Samsung, SK hynix payouts lift the won?

The won’s recent rally could gain momentum from Samsung Electronics and SK hynix, as their record shareholder returns are expected to trigger billions of dollars in currency conversions. Earlier this month, the Korean won broke into the 1,300-per-dollar range for the first time since October. While the won has been hovering around the 1,370-1,380 per dollar range in recent sessions, analysts said the currency could strengthen further, supported by the large shareholder return initiatives. The co

By The Korea Herald