World
Won-dollar rate closes above 1,530, highest since 2008 crisis
March 31, 2026
The korea Herald News
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The South Korean currency fell sharply to a 17-year low against the US dollar Tuesday as the escalating Middle East conflict fueled fears of further disruptions to global oil supplies and broader economic impacts. The won was quoted at 1,530.1 won per dollar, down 14.4 won from the previous session, extending its losing streak to a fifth consecutive session.
Tuesday's level marked the lowest since March 9, 2009, on a closing basis, when the won hit 1,549 as the country grappled with the global f
The korea Herald News
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