KRW

The South Korean won climbed to around 1,433 per dollar on Friday, extending gains for another session as optimism grew over policy measures aimed at supporting the currency. Authorities, including the Bank of Korea and the Ministry of Economy and Finance, have engaged in verbal interventions to ease market stress, while the ministry unveiled measures […]

The South Korean won climbed 1.5% to around 1,457 per dollar on Wednesday, recovering from multi-month lows to its strongest level in over a month, amid policy support from the National Pension Service and the Bank of Korea. The NPS, in consultation with foreign-exchange authorities, carried out strategic foreign exchange hedging operations and adjusted overseas […]

The South Korean won weakened to around 1,477 per dollar on Monday, marking its lowest level in over eight months amid persistent capital outflows, prompting authorities to signal intervention. The finance ministry and Bank of Korea convened an emergency inter-agency meeting over the weekend to discuss measures to stabilize the won and the broader FX […]

The South Korean won appreciated to around 1,466 per dollar on Thursday, gaining traction after stabilizing for two consecutive sessions as government efforts to ease concerns over capital outflows continued to support the currency. After the Ministry of Trade, Industry, and Resources unveiled a modular trade agreement framework, focus returned to the FX market, with […]

The South Korean won strengthened to around 1,467 per dollar on Monday, recovering from multi-month lows as sentiment was bolstered by recent domestic developments. Finance Minister Koo Yun-cheol highlighted that, following the budget’s approval, government ministries are initiating measures to reinforce economic growth. Last week, the National Assembly ratified the 2026 government budget at KRW […]

The South Korean won slipped toward 1,470 per dollar, hovering near seven-month lows as market sentiment remained pressured by ongoing capital outflows despite strong economic growth data. Bank of Korea data showed the economy grew at its fastest pace in nearly four years in Q3, with real GDP rising 1.3% quarter-on-quarter and 1.8% year-on-year. Nevertheless, […]

The South Korean won weakened to around 1,470 per dollar on Monday, extending losses from the previous session and hovering close to its lowest level in over seven months, pressured by persistent foreign equity outflows and firm corporate demand for US dollars. Offshore investors recorded their largest monthly net selling on Korean shares in November, […]

The South Korean won appreciated to around 1,465 per dollar on Thursday, reversing losses from the previous session as investors digested the latest policy signal from the Bank of Korea. The central bank maintained its benchmark interest rate at 2.5 percent, a decision regarded as supportive of currency stability amid gradually improving financial conditions. The […]

The South Korean won appreciated to around 1,471 per dollar on Tuesday, rebounding from multi-month lows as expectations of a Federal Reserve interest rate cut grew, with investors awaiting the latest US economic data for signals on upcoming policy decisions. Domestic developments also bolstered sentiment, as the Bank of Korea prepares for Thursday’s rate-setting meeting. […]

The South Korean won depreciated to around 1,472 on Monday, approaching its lowest level in more than seven months, as market sentiment remained pressured by concerns of continued capital outflows. The currency’s weakness has also been reflected in its real effective exchange rate, which dropped to 89.09 in October, marking its lowest level in roughly […]