Korean Won Hits 17-Year Low Amid Oil Prices, Dollar Surge
Mar 23, 2026
South Korea
Business
South Korea
Business
Korean Won Hits 17-Year Low Amid Oil Prices and Dollar Surge
Korean Won Hits 17-Year Low Amid Oil Prices, Dollar Surge
The Korean won has reached a 17-year low due to rising oil prices and the strengthening of the US dollar. This significant drop has impacted the country's stock market, with the KOSPI index declining over 6 percent amid global economic uncertainties.
By news
6 months ago
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