The recent KRW/USD exchange rate has surpassed the 1540 won level, significantly impacting consumer prices and the overall economy. We explain the causes of the strong dollar phenomenon and future outlook in an easy-to-understand way.
The won-dollar exchange rate has surpassed 1,555 won for the first time in 17 years and 3 months. We easily explain the impact of record foreign stock sell-offs and the strong dollar on our daily lives and the economy.
The won-dollar exchange rate has surpassed 1,550 in night trading for the first time since the 2009 financial crisis. We clearly explain how U.S. employment data, the Middle East war, and foreign stock selling impact our economy and daily lives.