One month into US-Iran war, S. Korean economy reels

A war that once seemed distant is now taking a visible toll on Asia's fourth-largest economy, with South Korea emerging as one of the clearest casualties of the energy shock rippling through global markets as the US-Iran conflict enters its second month. The won has taken the sharpest blow. It touched 1,518.4 per dollar on March 23, its weakest level since March 2009, after first breaching the 1,500 mark earlier this month. Through Friday, it averaged 1,489.3 per dollar, the fourth-weakest month

By The Korea Herald