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The South Korean won fell to around 1,339 per dollar, retreating from over two-year highs as renewed overnight dollar strength and caution ahead of the Federal Reserve’s interest rate decision outweighed support from semiconductor exporters’ dollar sales. The dollar index hovered near a two-week high of 102.37 as inves
The South Korean won traded around 1,341 per dollar, reversing after touching its strongest level since October 2024, as a stronger US dollar and rising oil prices weighed on the currency. The dollar index held near its highest level since April 2025, amid heightened geopolitical uncertainty and concerns over renewed i