South Korea's foreign exchange authorities signaled Monday their readiness to step in if won volatility continues, after the local currency slid to its weakest

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

Top economic and financial policymakers on Sunday pledged to take stern action against market-disruptive activities and speculative trading amid a...

The won-dollar exchange rate reached 1,561.5 won in overnight trading, its weakest level in more than 17 years, amid foreign stock selling.

The won has fallen more than 7.5 per cent in 2026. Read more at straitstimes.com. Read more at straitstimes.com.

Against the Singapore currency, the won rose 0.6 per cent to 1,200.67. Read more at straitstimes.com. Read more at straitstimes.com.

South Korea's foreign exchange authorities signaled Monday their readiness to step in if won volatility continues, after the local currency slid to its weakest

Financial authorities on Monday vowed to take strict action against excessive volatility and one-sided movements in the foreign exchange market ami...

By Fabiana Negrin Ochoa and Jihye Lee

By Jihye Lee and Fabiana Negrin Ochoa

South Korea announced enforcement measures to stabilize the won after it hit its weakest level since 2009, targeting offshore derivatives and speculative

South Korea warns speculators as the Korean won trades above 1,540 per USD, hitting levels not seen since the global financial crisis despite stable

Korea's finance ministry on Tuesday reiterated its commitment to tackling speculative trading that disrupts market order amid the recent slide of t...

Korea's financial watchdog is launching a series of meetings with banks, brokerages and insurers as policymakers step up efforts to curb volatility...