Why it mattersKorea is a major manufacturing hub and the world's leading memory-chip supplier, so swings in its currency ripple into global tech supply c…
South Korea's won has stayed above 1,500 per dollar for 12 sessions despite record exports, as Middle East war fears overpower strong data.
Read MoreWhy it mattersSouth Korea is a major export economy and a bellwether for Asian markets, so the strength of its currency and the size of its reserve buffe…
South Korea's foreign reserves fell about $880 million in May to $427 billion as the central bank moved to defend a weakening won.
Read MoreWhy it mattersThe won's slide is a real-time gauge of how Middle East conflict and global chip demand ripple through Asia's fourth-largest economy, affec…
The won has closed above 1,500 per dollar for 12 straight sessions, beating the 11-day record set in the 2009 financial crisis.
Read MoreSouth Korea's state-affiliated KIET think tank forecasts a record $219 billion trade surplus in 2026, with exports jumping 30% to $924 billion on the…
Read More
