Barclays economist Bum Ki Son: The recent sharp appreciation of the won may weaken the favorable terms of trade for South Korea, an export-oriented economy. The previous boost to exports caused by the weakening of the Korean won will gradually subside starting in September.

Barclays economist Bum Ki Son: The recent sharp appreciation of the won may weaken the favorable terms of trade for South Korea, an export-oriented economy. The previous boost to exports caused by the weakening of the Korean won will gradually subside starting in September.