Tag: won-dollar

won-dollar

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Kospi sinks over 5% as investors lock in gains

Samsung, SK hynix shares slid over 8 percent in the first session after the bourse posted a record jump of nearly 18 percent on Friday.

2026.8.3

Won hits strongest level in two months on inflows

The Korean currency strengthened sharply against the dollar as foreign investors turned net buyers of local stocks and SK hynix hype boosted demand.

2026.7.8

Most popular

Electronic board at Hana Bank dealing room in Seoul displays plunging KOSPI and KOSDAQ figures.

Won briefly passes 1,560 against the dollar, highest in 17 years

The won-dollar rate briefly topped 1,560 in overnight trading, reaching its highest intraday level in 17 years and three months amid a stronger dollar and foreign outflows.

2026.6.6

Paper powerhouse

An employee counts U.S. bills at Hana Bank’s Counterfeit Response Center in Jung District, central Seoul, on Dec. 17, after the won-dollar exchange rate climbed and briefly surpassed the 1,480 won mark during intraday trading.

2025.12.17

Electronic display boards in a dealing room at Kookmin Bank in Yeouodo, western Seoul shows the stock market on Friday. The benchmark Kospi broke 3,600 points, setting an all-time high on the first trading day since the weeklong Chuseok havest holiday. [JOONGANG ILBO]

Kospi breaks 3,600 points thanks to chipmakers, sets new record

The Kospi broke 3,600 points on Friday, setting a new all-time high in just a week, driven largely by chipmakers riding the momentum of a U.S. semiconductor rally.

2025.10.10

A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 3,119.41 points on Aug. 1, down 126.03 points, or 3.88 percent, from the previous trading session. [YONHAP]

Seoul shares sink at steepest pace in 4 months on disappointing tax revision; won dips to near 3-month low

Korean stocks tumbled at the steepest pace in nearly four months on Friday as investor sentiment was dragged down by the government's tax revision proposal to raise taxes on corporations and stock investors.

2025.8.1

The Kospi is seen on a screen at a trading room at Hana Bank in Jung District, central Seoul, on April 4. [YONHAP]

Kospi sidecar triggered as U.S. tariff concerns send bourse nose-diving

A sidecar mechanism was triggered on the main Kospi bourse Monday morning following a sharp drop in the Kospi 200 futures index. It marked the first activation of a sidecar in eight months, the last occurring in August 2024.

2025.4.7

A screen in Hana Bank's trading room in central Seoul shows the local currency closing at 1,349.3 won against the dollar on Wednesday. [NEWS1]

Won plummets as investors flock to safe-haven dollar

The value of the won is plummeting as investors seek the safety of the dollar, adding pressure to the Korean economy already strained by high interest rates and oil prices.

2023.9.27

Taking stock

Screens in Hana Bank's trading room in central Seoul show the Kospi closing at 2,508.8 points on Monday, up 0.17 percent, or 4.3 points, from the previous trading session. The local currency ended at 1,342.6 won against the dollar, up 4.3 won...

2023.8.21

Falling foreign exchange

Pedestrians walk past a foreign exchange in Myeong-dong, central Seoul, on Tuesday. The local currency closed at 1,330.9 won against the dollar on Monday to finish above the 1,300 mark for the first time since May 18.

2023.8.15