If you’ve been in Korea for any length of time (and especially if you have been here before 1997) and are paid in Won you are not going to be complaining too much about the exchange rates these days.
You might be dancing in the streets though.
“The won-dollar exchange rate continued a six-day slide to hit a ten-year low on Monday, with the dollar closing the afternoon at 913-point-seven-zero won, down one won-40 from where it stood Friday.
It’s the dollar’s lowest close since the 913-and-a-half won recorded on October second 1997, just before the financial crisis broke out.”
Well, what goes around comes around I guess. Or better yet, what goes up must come down.
Maybe that old gravy train isn’t chugging along anymore but picking up a little steam.