The Korean won briefly breached the 1,560-per-dollar level in overnight trading Friday, falling to its weakest point since the global financial crisis as foreig

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 won-dollar rate briefly topped 1,560 in overnight trading, reaching its highest intraday level in 17 years and three months amid a stronger dollar and foreign outflows.