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S Korean won breaches 1,300-mark for first time in 13 years

Channel News Asia LogoChannel News Asia6d ago

S Korean won breaches 1,300-mark for first time in 13 years

Quick Summary

SEOUL :South Korea's won fell below the psychological threshold of 1,300 per U.S.dollar for the first time in 13 years, amid global economic recession worries and the dollar's strength, but traders said market sentiment was relatively calm.

The won weakened as much as 0.

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S Korean won breaches 1,300-mark for first time in 13 years - Channel News Asia (Picture 1)

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Article Details

Category: Business

Topics: Billion) Years Dollar Year Trillion Investment South Billion Cent Korea Mediacorp

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 08:24:22

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 3 minutes read

Article Length: 474 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 5051

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About Channel News Asia

Main Topics: Business

Official Website: channelnewsasia.com

Update Frequency: 16 posts per day

Year Established: 1999

Headquarters: Singapore

Last Updated: 40m ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Languages Covered: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

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