S. Korean won rises slightly as markets step back from U.S. rate hike expectations

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Source: South Korea
Published: 2026-08-18 17:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, South Korea, Business & Economy
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Snippet:
SEOUL, Aug. 18 (Yonhap) -- The South Korean won rose slightly against the U.S. dollar Tuesday due to subdued expectations of a rate hike by the Federal Reserve after better-than-expected U.S. economic data.
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