With political uncertainty in the country likely to continue, the value of the Korean won fell sharply against the US dollar Tuesday, reaching 1,460 won to the dollar during after-hours trading.

The won traded at 1,443.63 per dollar as of 2:45 p.m. in London on Thursday after earlier weakening to as low as 1,453.77. That brought the currency’s losses this year to 11%.

The currency opened at 1,467.5 won against the greenback before surpassing the 1,470 won per dollar threshold at 9:15 a.m., reaching 1,476.5 won mid-trading. This represents the lowest level in 15 ...

The recent weakness of the Korean won is expected to put more inflationary ... and the base effect in oil and agriculture prices. The value of South Korea's currency against the US dollar fell ...

The Korean currency sank to ... whereby the currency sank to 1,444.2 won in the midst of Legoland liquidity crunch. The 1,450 won is a further loss in value since the overnight plunge of 1,444 ...

South Korea’s bond yields have been sinking to a succession of record lows versus those on US Treasuries, piling further pressure on the won already battered by a political crisis. The nation ...

South Korea aims to issue its first won-denominated foreign-exchange stabilization debt in more than two decades next month, according to a finance ministry official with direct knowledge of the plan.

As political unrest continues, the value of the won ... political risk for 30-won exchange rate rise; keeps rates steady Lee Chang-yong, the governor of the Bank of Korea, said on the 16th ...

South Koreans are paying a full 3% more to buy bitcoin (BTC) than their U.S. counterparts as they seek protection from the plummeting won, CryptoQuant data show. Priced in won, the largest ...

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The value of the Korean won fell to a level comparable to that of Russia, which is at war, last month due to the emergency martial law crisis amid the prospect of a delay in the U.S. cut in the ...

according to the Bank of Korea. It was the second consecutive month of gains in import prices, which affect consumer prices with a time lag, after a rise of 2.8 per cent in November. The won ended ...