A clerk sorts $100 banknotes at the headquarters of Hana Bank in Seoul, Thursday. Yonhap
The Korean won dropped to the lowest level since 2009 against the U.S. dollar on Friday, amid renewed tensions in the Middle East and net selling of local stocks by foreign investors.
The won opened at 1,529 won per dollar, up 0.7 won from the previous session's close, but lost ground as foreign investors offloaded local shares.
The won was quoted at 1,547.1 won per dollar at 10:38 a.m., down 13.1 won from the previous session.
In terms of intraday trading, this was the weakest level since March 2009.
