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S Korean won weakens past 1,300 per dollar first time in 13 years

Channel News Asia LogoChannel News Asia4d ago

S Korean won weakens past 1,300 per dollar first time in 13 years

Quick Summary

SEOUL : South Korean won fell below a 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.

The won weakened as much as 0.24 per cent in onshore spot trade to touch the lowest since July 14, 2009, at 1300.

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Article Details

Category: Business

Topics: Mediacorp Updates Experience Cent South Dollar Korean Weakened Seoul Time News

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: 2 minutes read

Article Length: 206 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 4716

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About Channel News Asia

Main Topics: Business

Official Website: channelnewsasia.com

Update Frequency: 10 posts per day

Year Established: 1999

Headquarters: Singapore

Last Updated: 39m 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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