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dollars

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An employee holds up dollar bills at Hana Bank's Counterfeit Notes Response Center in Jung District, central Seoul, on Jan. 6. [NEWS1]

Korea drops out of foreign exchange reserves top 10, first time since 2000

Korea’s foreign exchange reserves fell out of the world’s top 10 for the first time since 2000, as authorities tapped reserves to defend the won amid a prolonged period of dollar strength.

2026.4.3

The electronic billboard displays currency exchange rates at Woori Bank in Jung District, central Seoul, on April 2. [YONHAP]

Korean currency falls ahead of Trump's address on Iran war

The Korean won weakened against the dollar on Thursday, following a sharp gain in the previous session, ahead of U.S. President Donald Trump's scheduled message on the ongoing Iran war.

2026.4.2

Most popular

The U.S. dollar, euro, yen and pound banknotes are seen in this illustration taken May 4. [REUTERS/YONHAP]

Australia, New Zealand dollars lose to greenback, but gain on yen

The Australian and New Zealand dollars looked to be heading for a weekly loss on Friday as their U.S. counterpart benefited from a broad rally, though the Aussie could still celebrate its best week against the Japanese yen in more than a year.

2025.10.10

The Ministry of Economy and Finance [YONHAP]

Korea's FX market volume rises 16.3% in 1st year of extended trading hours

The average daily trading volume of Korea's foreign exchange (FX) market has increased 16.3 percent from a year earlier since the country extended trading hours.

2025.7.4

A banker checks dollars at Hana Bank's Counterfeit Notes Response Center in Jung District, central Seoul, on July 1. [YONHAP]

Korea's foreign reserves rise for 1st time in 3 months in June: BOK

The country's foreign reserves stood at $410.2 billion as of the end of June, up $5.61 billion from a month earlier, according to the data from the Bank of Korea.

2025.7.3

An abundance of Benjamins: Dollar deposits at banks hit 2-year high

A Hana Bank employee shows stacks of $100 bills at its forgery detection center in Jung District, central Seoul, on Feb. 18.

2025.2.18

Finance Minister Choo Kyung-ho, right, and his Japanese counterpart Shunichi Suzuki shakes hands at the eighth finance ministers meeting in Tokyo on Thursday. [MINISTRY OF ECONOMY AND FINANCE]

Korea, Japan agree to revive $10 billion currency swap deal

Korea and Japan have agreed to open a $10 billion currency swap line on Thursday after an eight-year hiatus.

2023.6.29

[Editorial] Don’t brush it off simply as ‘a novel’

If Lee Jae-myung is really a man of integrity, he must cooperate with the prosecution to find the truth behind mushrooming suspicions.

2023.2.1

An employee sorts out dollars at Hana Bank's Counterfeit Notes Response Center in Jung District, central Seoul, on Dec. 5. [YONHAP]

Korea's foreign reserves expand in Dec. on dollar's descent

Korea's foreign reserves continued to expand for the second straight month in December as the weakening dollar resulted in a rise in the converted value of holdings denominated in other currencies, central bank data showed Wednesday.

2023.1.4

Sorting the real from the fake

An employee sorts currency at Hana Bank’s Counterfeit Notes Response Center in Jung District, central Seoul, on Nov. 3rd.

2022.11.3