[Yoo Choon-sik] When weak won meets strong questions

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Source: The Korea Herald
Published: 2026-06-08 06:30 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, South Korea, Economy & Finance, Financial Markets, World News, Business & Economy
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Snippet:
The won-dollar exchange rate reached its highest level since the 2008-09 global financial crisis on Friday, setting fresh records both during trading and at the market close. It drew attention not simply because of the scale of the currency’s decline, but because it occurred at a time when headline indicators of the South Korean economy appeared favorable.
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