The Korean won weakened past the 1,560-per-dollar mark during overnight trading on Saturday for the first time in more than 17 years, sinking to its weakest lev

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...