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One month into US-Iran war, S. Korean economy reels
March 29, 2026
The korea Herald News
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A war that once seemed distant is now taking a visible toll on Asia's fourth-largest economy, with South Korea emerging as one of the clearest casualties of the energy shock rippling through global markets as the US-Iran conflict enters its second month. The won has taken the sharpest blow. It touched 1,518.4 per dollar on March 23, its weakest level since March 2009, after first breaching the 1,500 mark earlier this month.

Through Friday, it averaged 1,489.3 per dollar, the fourth-weakest month
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
Bias: center