Won-dollar exchange rate drops to 1,300 won range, lowest in 10 1/2 months
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Source: South Korea
Published: 2026-08-19 13:37 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, South Korea, Business & Economy
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Snippet:
SEOUL, Aug. 19 (Yonhap) -- The won-dollar exchange rate fell to the 1,300 won range for the first time in 10 1/2 months Wednesday, amid expectations that the U.S. Federal Reserve will keep its benchmark interest rate unchanged, along with increased dollar selling by exporters.
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