Tag: Middle East War

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Exchange Rate Hits '1,500 Won' for First Time in 17 Years: Will My Wallet Be Better After the Middle East War Ends?

Discover the real cause behind the KRW/USD exchange rate breaking 1,500 won for the first time in 17 years! We explain how expectations for the end of the US-Iran conflict in the Middle East affect our economy and prices.

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Why It's Scary to Visit the Gas Station These Days: The Real Reason Inflation Soared Back to the 3% Range

In May, the consumer price inflation rate hit 3.1%, reaching its highest level in 2 years and 2 months. We break down the impact of the Middle East war and the surge in oil prices on our wallets.

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