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

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

The won-dollar exchange rate reached its highest level since the 2008-09 global financial crisis on Friday, setting fresh records both during trading and at the

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

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

The Korean won strengthened sharply against the U.S. dollar to its strongest level in five sessions Tuesday following strong verbal interventions b...