Latest News for: korean won

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Korean won jumps to near 2-month high on pension fund's strategic hedging

Yonhap News 26 Dec 2025
SEOUL, Dec. 26 (Yonhap) -- The South Korean won rose to its highest level in nea ....
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Korean won ranks 5th weakest globally even after authorities intervene

Korea Times 25 Dec 2025
The Korean won has been the fifth weakest currency globally despite verbal interventions by financial authorities to curb its volatility, data showed Thursday ... at 1,449.8 won during daytime trading.
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South Korean Won Gains After Reported Warning From South Korean Authorities

Wall Street Journal 24 Dec 2025
The country’s Ministry of Economy and Finance said that an excessively weak Korean won is undesirable, amid the local currency’s weakness against the greenback, according to the Yonhap News Agency ... .
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Seoul says excessively weak Korean won not 'desirable' in latest verbal intervention

Yonhap News 24 Dec 2025
SEOUL, Dec. 24 (Yonhap) -- Foreign exchange authorities said Wednesday that an e ....
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South Korean won rebounds sharply from 8-month lows on pension fund support

Live Mint 24 Dec 2025
SOUTHKOREA-MARKETS/CLOSE.South Korean won rebounds sharply from 8-month lows on pension fund support ....
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Korean won jumps from near 16-yr low following authorities' strong verbal intervention

Yonhap News 24 Dec 2025
SEOUL, Dec. 24 (Yonhap) -- The South Korean won posted its biggest gain in more ....
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South Korean Won Surges as Authorities Signal Intervention While US Dollar Plummets to 11-Week Low

Bitcoin World 24 Dec 2025
As the South Korean won stages a remarkable rally following intervention signals from authorities, the US dollar continues its descent to an 11-week low ... Why is the South Korean Won Rallying Against Major Currencies?.
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Revolutionary Move: FraxNet Integrates South Korean Won Stablecoin KRWQ for Global Access

Bitcoin World 15 Dec 2025
In a significant development for decentralized finance, FraxNet has integrated the South Korean won-pegged stablecoin KRWQ ... to create a trustworthy, liquid representation of the South Korean won for digital asset transactions.
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Korean Won Crisis: Bank of America Forecasts USD/KRW to Plummet to 12-Year Low

Bitcoin World 15 Dec 2025
The Korean Won faces a perfect storm of economic pressures that could send it tumbling to levels not seen since the global financial crisis era ... Why Is Bank of America Forecasting a Korean Won Collapse? ... Structural Challenges for the Korean Won.
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KRWQ, the Most Traded Korean Won Stablecoin, Joins FraxNet's GENIUS-Compatible Network

PR Newswire 11 Dec 2025
10, 2025 /PRNewswire/ -- KRWQ, the most traded Korean won stablecoin, today announced its integration with FraxNet, Frax's unified infrastructure for cross-chain stablecoin settlement ... the Korean won.
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Finance chief says long-term competitiveness key to stabilizing Korean won

Yonhap News 05 Dec 2025
SEOUL, Dec. 5 (Yonhap) -- Finance Minister Koo Yun-cheol said Friday that streng ....
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South Korean Won Could Strengthen Against U.S. Dollar in 2026

Wall Street Journal 04 Dec 2025
The Fed’s coming rate cuts, the Bank of Korea’s likely end to its rate-cut cycle, and easing trade tensions could help reverse some of the won’s recent slide versus the dollar, ING said ... .
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