Tag: dollar index

dollar index

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Electronic display boards at Hana Bank in central Seoul show Korea’s markets on Wednesday. [YONHAP]

Won hits two-month low on rate cut uncertainty, geopolitical risks

The won depreciated to its lowest point against the dollar in more than two months as bets on the Fed's early rate cuts softened.

2024.1.17

An electronic display board at Hana Bank in central Seoul shows the won trading at 1,364.80 to the dollar on Wednesday. [YONHAP]

Won recovers as investors turn positive, funds shun China

The won, which has been weak for months, recovered dramatically this week.

2022.11.9

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