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Won-Dollar Exchange Rate News

Won-Dollar Exchange Rate Skyrockets to Decade High as US-China Trade War Escalates

Ryan Peterson 09 Apr, 2025

The won-dollar exchange rate has surged to its highest level in over a decade, trading at 1,486.9 won, due to escalating tensions in the global trade arena, particularly between th...

Economy

Surge in Won-Dollar Exchange Rate Sparks 2.4% Hike in December Import Prices

Olivia Carter 15 Jan, 2025

The won-dollar exchange rate surge, influenced by political turmoil and martial law, has led to a 2.4% increase in December import prices. This trend, coupled with rising oil price...