The South Korean won rose to around 1,365 per dollar on Monday, marching back toward multi-month highs as investor optimism grew over President Lee Jae-myung’s corporate reform agenda. His plans to improve governance and boost shareholder returns have lifted both the won and local stocks, helping the currency stand out in global markets. The won also strengthened despite the broader trend of a stronger US dollar, driven by safe-haven demand amid Middle East tensions and reduced chances of US Federal Reserve rate cuts due to rising oil prices. While most currencies weakened, the won’s gains reflect growing investor confidence in South Korea’s policy direction, though it remains sensitive to global risks.
Manage Consent
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.
The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.