Korean Won

Korean won news — USD/KRW exchange rate moves, foreign exchange policy, and currency outlook.

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Soaring Overseas Travel Costs Push Korean Vacationers to Turn Back Home

Rising airfares and a weak won are pushing Korean summer vacationers to cancel overseas trips, with one traveler abandoning a Da Nang trip after a nearly 2 million won quote.

Published 2026.07.06. 15:39:55

Korea Won Unlikely to Return to Past Levels, Institute Warns

The Korea Institute of Finance warns the won-dollar exchange rate has structurally risen to the 1,400-won range since 2024 and is unlikely to return to past levels, with high rates likely to persist.

Published 2026.07.04. 10:23:11

Korean Won Plunges 30 Won in a Day on SK hynix Dollar Selling

The Korean won plunged 30.20 won on the 3rd as SK hynix's $29 billion ADR inflow and forward exchange selling shook the market, while Samsung Foundry won Meta and Anthropic AI chip orders.

Published 2026.07.04. 10:00:05

Presidential Approval Rating Hinges on the Economy

The president's approval rating has fallen to around 50% from over 65%, driven by shaken trust in real estate policy, exchange-rate risks, and election mismanagement.

Published 2026.07.04. 05:00:05

Won Surges 30 Won on SK hynix Forward-Sale Rumors as Korea's FX Reserves Slip to 13th

Korea's won-dollar rate plunged 30.2 won to 1,525.6 won, driven by a weaker yen and SK hynix forward-sale rumors, while Korea's FX reserves slipped to 13th globally.

Published 2026.07.03. 21:40:22

SK hynix Forward Sales Behind Won's 30-Won Surge; Authorities Concede Possible Flows

SK hynix's ADR issuance inflows and possible forward currency sales drove the won-dollar rate down 30.20 won to 1,525.60 won on Wednesday, with Korean authorities conceding possible volume flows.

Published 2026.07.03. 19:35:52

Korea Needs Policies to Stabilize the Won

Korea's high exchange rate acts as an "invisible tax" on ordinary citizens while benefiting exporters and the government, argues a commentary calling for state-led exchange-rate stabilization policies.

Published 2026.06.18. 05:00:05

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