Won-to-dollar exchange rate hits strongest level in 6 months

Published on: 2025/05/07 20:00

Won-to-dollar exchange rate hits strongest level in 6 months
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The South Korean currency gained ground against the U.S. dollar on this Wednesday, trading at one-thousand-3-hundred-79 won in the early hours of its session today.

This marks the won's strongest level against the greenback in six months and comes in light of expectations surrounding the planned tariff talks between the U.S. and China.

Also, Asian currencies rallied as investors continued to withdraw money from the U.S. amid concerns of a possible recession.

Arirang news https://www.arirang.com/news/view?id=283169

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