Korean won hits 17-year low...

Updated : 2026-03-31 13:26:42 KST

by Ian W


Korean won hits 17-year low against U.S. dollar during trading on Tuesday


The Korean won has weakened further against the U.S. dollar as fears grow over the economic impact of conflict in the Middle East. The won extended a five-day spiral during trading on Tuesday surpassing 1-thousand-5-hundred-25 per dollar and marking the lowest intraday level since the March 2009 Global Financial Crisis.

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intraday 하루 동안에 일어나는, 하루 (중)의

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This follows a warning from U.S. President Donald Trump that the U.S. could target Iranian power plants and energy facilities if a deal to end the month-long conflict isn't reached. Oil prices have continued to rise, with WTI crude jumping over 3 percent to above 102 dollars per barrel, the highest closing basis level since 2022. The weakening of the Korean won is attributed to money flowing into the traditional safe-haven dollar during times of heightened uncertainty.

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safe-haven 안전한 곳, 피난처

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