Korean Won News - Latest Updates & Headlines
Seoul shares rise nearly 1 pc on eased tariff woes; won sharply higher
Seoul, April 14: South Korean stocks ended nearly 1 per cent higher on Monday, led by gains of semiconductor and battery shares amid eased woes over the US administration's sweeping tariffs. The Korean won soared to a four-month high against the US dollar.
Korean currency volatility hits record high amid Trump tariff shock wave
Seoul, April 13: Volatility in South Korea's foreign exchange market surged to its highest level last week since the country extended trading hours for the won–US dollar market, data showed on Sunday.
Tariff war: Korean won dips to lowest level since 2008 global financial crisis
Seoul, April 8: The South Korean currency weakened markedly against the US dollar on Tuesday to reach the lowest level in over 16 years amid deepening concerns about the impact of the Donald Trump administration's sweeping tariff plan on the economy.
South Korea's startups ministry to provide $1 bn financial aid to SMEs
Seoul, Jan 8: The startups ministry here said on Wednesday it will provide 1.5 trillion won ($1.03 billion) worth of financial support to small and medium-sized enterprises (SMEs) in South Korea that suffered damage in trade due to the recent weakening of the local currency.