The won weakened to its lowest level against the dollar in 28 years on a quarterly-average basis in the second quarter, pushed down by a prolonged war between the United States and Iran and a relentless exodus of foreign investors from Korean stocks.

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 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.