I am returning to korea soon to work, and i am really worried that the FTA will cause the won to be devalued... and the reason this is, is because i have to pay $550 a month in student loans, loans that have to be paid in DOLLARS. If the won is devalued, there goes more of my paycheck, hence i am screwed.
Does anyone know what the effect would be on the exchange rate??
Does anyone know what the effect would be on the exchange rate??