𝙎𝙊𝙐𝙏𝙃 𝙆𝙊𝙍𝙀𝘼𝙉 𝙒𝙊𝙉 𝙁𝘼𝙇𝙇𝙎 𝙏𝙊 𝙒𝙀𝘼𝙆𝙀𝙎𝙏 𝙇𝙀𝙑𝙀𝙇 𝙎𝙄𝙉𝘾𝙀 𝙏𝙃𝙀 𝙂𝙇𝙊𝘽𝘼𝙇 𝙁𝙄𝙉𝘼𝙉𝘾𝙄𝘼𝙇 𝘾𝙍𝙄𝙎𝙄𝙎
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South Korea’s won weakened to around 1,557 per dollar, its lowest level since March 2009.
The drop comes as foreign investors keep selling Korean stocks, while stronger US data lifted Treasury yields and boosted demand for the dollar.
The pressure is not limited to Korea, with Japan’s yen also falling to a 40-year low against the dollar above ¥162.
© Coin Bureau
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South Korea’s won weakened to around 1,557 per dollar, its lowest level since March 2009.
The drop comes as foreign investors keep selling Korean stocks, while stronger US data lifted Treasury yields and boosted demand for the dollar.
The pressure is not limited to Korea, with Japan’s yen also falling to a 40-year low against the dollar above ¥162.
© Coin Bureau