South Korea pledges action as the won weakens to 1,530 per USD, its lowest since 2009. Stablecoin balances on Korean crypto exchanges have dropped 55%.

Korea's finance minister on Thursday vowed to take "immediate measures" when necessary to address excessive volatility in the foreign exchange mark...

The Korean won sharply weakened against the U.S. dollar Thursday due to renewed tensions in the Middle East as the United States and Iran engaged i...

Korea's finance minister on Thursday vowed to take "immediate measures" when necessary to address excessive volatility in the foreign exchange market amid the recent sharp decline…

The government is intensifying its monitoring of the foreign exchange market and reinforcing stabilization measures, repeatedly warning that it sta...

South Korea pledges action as the won weakens to 1,530 per USD, its lowest since 2009. Stablecoin balances on Korean crypto exchanges have dropped 55%.

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 o...

The Korean won tumbled to the lowest level since 2009 against the U.S. dollar Friday, as foreign investors continued to sell local stocks amid fadi...

The Korean won weakened sharply Friday, hitting its lowest level since the 2009 global financial crisis as sustained foreign outflows from the benchmark Kospi w

Heavy foreign selling rattled South Korean markets on Friday, dragging the benchmark Kospi down more than 5 percent and driving the won to a 17-year low against