Won hits 1,460 against dollar, reaching lowest level in 15 years
Published: 26 Dec. 2024, 10:40
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- SHIN HA-NEE
- [email protected]
![An employee inspects dollar bills at Hana Bank's Counterfeit Notes Response Center in Jung District, central Seoul, on Dec. 19, when the won-dollar exchange rate soared above the 1,450-won-per-dollar mark for the first time in 15 years and nine months. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/12/26/a4c877f5-1dde-47d0-906f-7bbcf3ffee95.jpg)
An employee inspects dollar bills at Hana Bank's Counterfeit Notes Response Center in Jung District, central Seoul, on Dec. 19, when the won-dollar exchange rate soared above the 1,450-won-per-dollar mark for the first time in 15 years and nine months. [YONHAP]
The won-dollar exchange rate soared above the 1,460 per dollar mark during mid-trading on Thursday, reaching its weakest point in more than 15 years.
At 9:58 a.m. on Thursday, the local currency traded at 1,460.3 won per dollar, up 3.9 won from the previous daytime trading session’s closing rate.
This marked the weakest point during regular trading since 1,488 won per dollar was recorded on March 16, 2009.
The won-dollar exchange rate briefly touched 1,460.3 won per dollar during extended trading hours on Dec. 24.
BY SHIN HA-NEE [[email protected]]
with the Korea JoongAng Daily
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