Tag: Seohak Ants

The Era of the 1,500-Won Exchange Rate: Why Is the Won So Uniquely Weak?

Why has the won-dollar exchange rate surpassed 1,500 won? We break down why the high exchange rate persists amid trends like 'Seohak ants' (retail investors buying foreign stocks), foreign selling, and complex international tensions.

The 10,000 Won in My Wallet is Shrinking? How Will My Life Change in the 1,500 Won KRW/USD Era?

The KRW/USD exchange rate is threatening the 1,500 won mark for the first time in 17 years. We explain in easy terms how the Middle East war, rising international oil prices, and the 'Seohak Ants' investment fever in US stocks are affecting our economy and cost of living.