South Korea Retail Traders ‘Livid’ Over Won Slide Blame Game

South Korean retail investors’ $31 billion record purchases of US stocks this year have turned them into scapegoats for the country’s weakening currency. They are furious.

Asia’s worst performer this quarter, the Korean won came close to hitting a 16-year-low in recent weeks. Officials, including the Bank of Korea governor, have blamed the retail traders’ appetite for overseas equities for hurting the currency.