Weakening won, yielding yen

Published July 1, 2026 - 7:02 p.m.

A display at Hana Bank's trading room in Jung District, central Seoul, shows the Kospi closing at 8,303.41 points, down 2.04 percent, on July 1. The Korean won fell 5.5 won from the previous session to trade at 1,554.9 won against the dollar at 3:30 p.m., as the exchange rate fluctuated sharply due to the yen's depreciation, which fell to its lowest level in 40 years.

YONHAP

A display at Hana Bank's trading room in Jung District, central Seoul, shows the Kospi closing at 8,303.41 points, down 2.04 percent, on July 1. The Korean won fell 5.5 won from the previous session to trade at 1,554.9 won against the dollar at 3:30 p.m., as the exchange rate fluctuated sharply due to the yen's depreciation, which fell to its lowest level in 40 years.