1620 Won Shock on Airport Screens! 'Worst Exchange Rate' in 28 Years Since the Financial Crisis: How Will It Threaten Our Wallets?
In the second quarter of this year, the average won-dollar exchange rate hit its highest level since the 1998 Asian financial crisis, threatening to break through the 1600 won mark. We explain the causes of the strong dollar and its impact on our everyday cost of living using simple analogies.