© 2026 Forbes Media LLC. All Rights Reserved.

The government's measures to curb the won’s weakness have so far failed to calm the market as the local currency has sharply depreciated against the dollar. Despite mobilizing the National Pension ...

Dec. 29 (Asia Today) --South Korea's foreign exchange authorities intervened in currency markets on Dec. 24 and Dec. 26, pushing the won-dollar exchange rate down from above 1,485 won to the mid-1,440 ...

From India to Southeast Asia to South Korea, currencies are crumbling as governments race to secure fuel that is priced in ...

The Korean won fell to its weakest since April, approaching a closely watched level as increased overseas investments by local funds put pressure on the currency ahead of the central bank’s policy ...

On the 23rd, the won-to-dollar exchange rate surpassed the 1,510 Korean won mark—the first time in 17 years since March 2009.

South Korean authorities are making an increasingly frantic effort to stop the won currency sliding to lows not seen since early 2009 during the depths of the global financial crisis. To support the ...

SEOUL, Dec 19 (Reuters) - South Korea's central bank announced on Friday temporary measures aimed at boosting dollar supply in the onshore foreign exchange market, in the latest policy efforts to ...

The South Korean won (KRW:USD) has weakened significantly against the greenback, prompting the country's finance ministry to ease foreign exchange regulations to boost dollar inflows. This includes a ...

Jan. 26 (Asia Today) --South Korea's resident foreign currency deposits rose sharply in December as renewed volatility in the won-dollar exchange rate prompted households and companies to park more ...

SEOUL, Jan 16 (Reuters) - South Korea's planned investment of $350 billion in strategic U.S. sectors under a trade deal is unlikely to kick off in the first half of 2026, Finance Minister Koo ...

SEOUL, Jan 2 (Reuters) - South Korea's won weakened on the ‌first trading day of the year on ‌Friday even after authorities renewed their determination to stabilize foreign exchange markets following ...