I Got A Raise! (well, kind of…)

http://english.yonhapnews.co.kr/business/2012/11/04/90/0503000000AEN20121104003000320F.HTML

Good news for expats working in Korea.  The Korean Won is up against the U.S. Dollar and most analysts believe that it is still undervalued, forecasting continued gains in the future.  Of course, exchange rates are difficult to predict, so we’re not recommending that you go and trade your life’s savings in for won just yet.  However, at least for the time being, expat workers can enjoy higher real salaries, which means more dollars in your bank account when you send those savings home!

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