Korean Won Rebounds Amid Middle East Crisis and Trump's Peace Hint
The South Korean won sharply rebounded against the US dollar after dropping to a 17-year low, with the rebound linked to the Middle East crisis.
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Kospi rebounds as oil prices fall on easing war fears
South Korea’s benchmark Kospi surged Tuesday, rebounding from the previous day’s steep sell-off as hopes for an early end to the conflict in the Middle East lifted global markets. After US President Donald Trump said Monday that the war with Iran was “very complete,” oil prices fell below $90 per barrel, helping drive a recovery in equities worldwide, including in Korea. The Kospi reclaimed the 5,500 mark at the opening bell, starting at 5,523.21, up 5.17 percent from the previous session. The i
By The Korea Herald
Read full article →Korean won rebounds sharply after dropping to 17-yr low amid Middle East crisis - Yonhap News Agency
Korean won rebounds sharply after dropping to 17-yr low amid Middle East crisis Yonhap News Agency
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