English>

Market News

BOK's Rhee says recent dollar-won levels do not reflect economic fundamentals - REUTERS

JANUARY 05, 2026

By 


SEOUL, Jan 2 (Reuters) - South Korea's won weakened on the first trading day of the year on Friday even after authorities renewed their determination to stabilize foreign exchange markets following a package of measures to bolster the local currency.
The won has been hovering at a 16-year low against the dollar as the interest rate differential between South Korea and the U.S. reached two percentage points, the widest since 1999, which contributed to higher demand for dollars by Korean retail and institutional investors.

SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics