Tag: exchange rate

exchange rate

Latest News

Electronic board at Hana Bank dealing room in Seoul displays plunging KOSPI and KOSDAQ figures.

Won briefly passes 1,560 against the dollar, highest in 17 years

The won-dollar rate briefly topped 1,560 in overnight trading, reaching its highest intraday level in 17 years and three months amid a stronger dollar and foreign outflows.

2026.6.6

Bank of Korea Gov. Shin Hyun-song holds up a gravel during the Monetary Policy Board meeting at the Bank of Korea in Jung District, central Seoul, on May 28. [JOINT PRESS CORPS]

BOK maintains 2.5 percent key rate for 8th consecutive meeting

The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.5 percent on Thursday for the eighth meeting in a row.

2026.5.28

As Korea's currency weakens to 17-year low, concerns mount over inflation, business pressure

Korea’s currency has fallen to its weakest real value in more than 17 years, squeezing businesses and consumers and deepening pressure across the broader economy.

2026.5.26

Currencies issued by the Central Bank of the Democratic People's Republic of Korea and used in the country [DPRK 360]

North Korea's exchange rate jumps 80 percent, currency weakens to lowest level since 2008

The North Korean won per U.S. dollar rate has jumped nearly 80 percent this year, surpassing the 70,000 won mark for the first time since the 2008 global financial crisis as the currency continues to depreciate.

2026.5.20

A screen in Hana Bank's trading room in central Seoul shows the dollar-won exchange rate at 1,500 on May 18. [YONHAP]

Inflation concerns rise as won weakens to 1,500 to the dollar

The won weakened as the exchange rate with the dollar climbed past the 1,500s level and yields on 10-year Treasury bonds rose above 4 percent as the prolonged Iran War renewed concerns over persistent inflation.

2026.5.18

A trader walks by a screen displaying stock indices, including the Kospi, at Han Bank's dealing room in Jung District, central Seoul, on April 23. [NEWS1]

Kospi surges past 6,500 amid U.S. cease-fire extension with Iran

Korean stocks hit a record high on Thursday, with the benchmark Kospi opening at 6,488.83, a gain of 1.1 percent. The positive sentiment followed the U.S. extending its cease-fire with Iran and strong corporate earnings.

2026.4.23

The dollar-won exchange rate is displayed on an electronic board in the dealing room of Hana Bank’s headquarters in Jung District, central Seoul, on April 17 [NEWS1]

Finance minister expresses optimism for won stabilization in line with market expectations

Finance Minister Koo Yun-cheol said Friday that the won has been stabilizing against the dollar following its depreciation amid the ongoing U.S.-Israeli war against Iran, expressing hopes that it will align with market expectations.

2026.4.18

A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 5,778.01 points on April 9, down 94.33 points, or 1.61 percent, from the previous trading session. [NEWS1]

Kospi falls over 1.5% as investors process U.S.-Iran cease-fire

The Kospi lost 94.33 points, or 1.61 percent, to 5,778.01 as investors digested different claims by Washington and Tehran on the terms of their two-week cease-fire.

2026.4.9

Foreign tourists exchange money at a currency exchange office in Jung District, central Seoul, on March 31. [NEWS1]

Dollar-won exchange rate breaks 1,530 during intraday trading for first time since 2008 global financial crisis

The dollar-won exchange rate broke a weak of 1,530 intraday for the first time since the 2008 global financial crisis as fears of a broader Middle East war materialized on Tuesday.

2026.3.31

The dollar-won exchange rate is displayed on the electronic board in the dealing room at Hana Bank’s headquarters in Jung District, central Seoul, on March 27. [NEWS1]

Korean won falls to 4th-lowest monthly level amid foreign outflows

The won has fallen sharply to its fourth-lowest level against the dollar in March amid a foreign selloff on the stock market, financial data showed Sunday.

2026.3.29

Tag: exchange rate

exchange rate

Latest News

Won briefly passes 1,560 against the dollar, highest in 17 years

BOK maintains 2.5 percent key rate for 8th consecutive meeting

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