Korean Won

Korean won news — USD/KRW exchange rate moves, foreign exchange policy, and currency outlook.

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Won Surges 30 Won on SK hynix Forward-Sale Rumors as Korea's FX Reserves Slip to 13th

Korea's won-dollar rate plunged 30.2 won to 1,525.6 won, driven by a weaker yen and SK hynix forward-sale rumors, while Korea's FX reserves slipped to 13th globally.

Published 2026.07.03. 21:40:22

SK hynix Forward Sales Behind Won's 30-Won Surge; Authorities Concede Possible Flows

SK hynix's ADR issuance inflows and possible forward currency sales drove the won-dollar rate down 30.20 won to 1,525.60 won on Wednesday, with Korean authorities conceding possible volume flows.

Published 2026.07.03. 19:35:52

Korea to Inject 15 Trillion Won Into Smaller Firms, Extend Tax Deadlines

South Korea will inject about 15 trillion won in emergency funds into small and mid-sized firms hit by a high won-dollar exchange rate, easing loan terms and extending tax deadlines.

Published 2026.07.03. 17:49:08

Korean Won Rebounds Sharply, Dollar Drops Over 30 Won to 1,520s

The won-dollar exchange rate plunged over 30 won to the 1,520s Thursday, its largest closing decline since early April, on dollar weakness, a stronger yen, and exporter selling.

Published 2026.07.03. 16:41:14

Korea, Japan Scramble to Tame Currency Slides

The won-dollar rate hit a post-financial-crisis high of 1,555.8 won as Korean and Japanese authorities moved to stabilize their currencies amid the yen's 40-year low.

Published 2026.07.02. 17:43:28

Won Ends Higher Despite Pause in Dollar Rally on Inflation Pass-Through Fears

The Korean won closed at 1,555.8 won per dollar Wednesday, up 0.9 won, as foreign net selling and inflation pass-through fears offset an easing global dollar rally.

Published 2026.07.02. 15:47:09

Exports Hit Record, but Won Nears 1,560 per Dollar

The won-dollar exchange rate surged to around 1,560, its highest since March 2009, as companies hold dollars, retail investors return to US stocks, and foreigners net sell for 9 straight sessions.

Published 2026.07.01. 17:57:22

Korea Needs Policies to Stabilize the Won

Korea's high exchange rate acts as an "invisible tax" on ordinary citizens while benefiting exporters and the government, argues a commentary calling for state-led exchange-rate stabilization policies.

Published 2026.06.18. 05:00:05

Won Breaches 1,530 Per Dollar; Korea Must Build Strong FX Defenses

The won-dollar exchange rate breached 1,530 for the first time since 2009, amid the "three highs" of high prices, rates, and FX. Korea must build strong defenses.

Published 2026.06.05. 24:00:05

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