Aug. 11, 2026
The South Korean won is on its way to breaking past the 1,400-per-dollar mark after weakening to 1,550 in just over a month, underscoring the currency’s sharpest volatility since the global financial crisis. During trading late last week, the won strengthened to 1,407.3 per dollar, the strongest level recorded against the US currency since Oct. 2, 2025, when the won stood at 1,399.5. If the currency strengthens by roughly 10 won, the exchange rate will be pushed into the 1,300-won range for the