US EditionUSD/KRW Exchange Rate Soars To 1,495: A Stark Reminder Of 2009 Crisis Levels
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4 Articles
(Seoul = Yonhap News) Reporter Lim Ji-woo = With international oil prices surpassing $100, the won/dollar exchange rate opened at 1,490 won on the 9th, reaching its highest level since the financial crisis during trading...
The Korean Won opened at 1,493 won against the dollar on the Seoul foreign exchange market on the 9th, up 16.6 won against the dollar. The won-dollar exchange rate fluctuated in the 1,490 won range early in the session, reaching its highest level since March 2009, during the global financial crisis.
The won/dollar exchange rate continued to rise due to signs of a prolonged US-Iran conflict, and upward pressure was increased due to the strong dollar and high dependence on the Middle East. Reporters Han Ji-hoon and Lim Ji-woo = The won/dollar exchange rate fell to 1,500 won due to concerns about the impact on the Korean economy from the prospect of a prolonged Iranian crisis.
USD/KRW Exchange Rate Soars To 1,495: A Stark Reminder Of 2009 Crisis Levels
BitcoinWorld USD/KRW Exchange Rate Soars to 1,495: A Stark Reminder of 2009 Crisis Levels SEOUL, South Korea – March 12, 2025: The U.S. dollar surged against the South Korean won today, with the USD/KRW exchange rate touching an intraday high of 1,495. This pivotal moment marks the currency pair’s strongest level since March 12, 2009, a date etched in financial history during the depths of the global financial crisis. Consequently, market partic…
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