KRW

The South Korean won appreciated past 1,460 per dollar on Friday, rebounding from multi-month lows as policymakers moved to reassure markets and address volatility in the foreign exchange market. Investor sentiment was lifted after senior economic officials convened an emergency policy meeting, signaling a readiness to deploy a wide range of tools and to work […]

The South Korean won depreciated to around 1,469 per dollar, reaching a seven-month low and nearing levels not seen since March 2009. Governor Rhee Chang-yong indicated on Wednesday that policymakers stand ready to act should market volatility intensify. However, he played down recent losses, suggesting the market is overly reactive to global factors such as […]

The South Korean won slipped to around 1,464 per dollar on Tuesday, falling to its lowest level in seven months as sentiment was weighed down by concerns over ongoing capital outflows and BOK caution. Foreign investors have been pulling funds from Korean equities, while domestic investors are channeling large-scale investments into the US as part […]

The South Korean won depreciated to around 1,440 per dollar, extending declines for a fourth day to its weakest level in almost seven months despite higher than expected domestic inflation. Consumer prices in South Korea climbed 2.4% in October, the fastest pace in over a year and exceeding market forecasts, supporting expectations that the Bank […]

The South Korean won appreciated to around 1,421 per dollar on Thursday, its highest level in two weeks, supported by growing market optimism following the finalization of the Seoul–Washington tariff deal. According to Kim Yong-beom, the presidential chief of staff for policy, the investment package will include $200 billion in cash installments and $150 billion […]

The South Korean won appreciated to 1,425 per USD, extending the rebound from the over six-month low of 1,440 touched on October 24th amid the stronger outlook for Korean export industries under signals of new trade deal with the US. US President Trump announced a likely new trade deal with Korea after meeting with President […]

The South Korean won weakened to around 1,433 per dollar on Wednesday, extending losses for the second session as investors remained cautious amid the APEC summit talks in Gyeongju. Authorities maintain a neutral assessment of the prospects for progress, stating that the administration is “neither optimistic nor pessimistic”. Discussions are expected to concentrate on the […]

The South Korean won fell to around 1,436 per dollar on Tuesday, reversing gains from the previous session as traders turned cautious before US President Donald Trump’s meetings with Asian leaders. In Tokyo, Trump and Japan’s Prime Minister Sanae Takaichi signed a framework deal to strengthen cooperation on rare-earth and critical-mineral supply chains, while markets […]