won-dollar exchange rate News

Korean Won-Dollar Exchange Rate Surges to 1,450 Won Amid Fed's Rate Cut Adjustment

The Bank of Korea announces readiness to stabilize markets as the won-dollar exchange rate surpasses 1,450 won due to the U.S. Federal Reserve's adjustment in the pace of interest ...

Won-Dollar Exchange Rate Surge Drives Import Price Index Upward for Second Month

South Korea's import price index rises for the second consecutive month due to a surge in the won-dollar exchange rate, despite a drop in international oil prices. The Bank of Kore...

South Korea's Deputy PM Assures Market Stability Amid Political Uncertainty

Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok assures market stability amid political uncertainty, emphasizing government's determination to tackle domest...

KOSPI Tumbles Below 2,500, Won-Dollar Rate Hits Two-Year High

The KOSPI index closed below the 2,500 mark on November 12, experiencing a 1.94% decline. Samsung Electronics also saw its stock price fall, closing at a new low. The KOSDAQ index ...

Trump's Lead in U.S. Election Sends Shockwaves Through Financial Markets

Former President Donald Trump's lead in the U.S. presidential election has sent shockwaves through financial markets, with Bitcoin surpassing $74,000 and the won-dollar exchange ra...