Finance minister says Korean won stabilizing against dollar, hopes for alignment with market expectations

Finance Minister Koo Yun-cheol said Friday that the Korean won has been stabilizing against the US dollar following its depreciation amid the ongoing US-Israeli war against Iran, expressing hopes that it will align with market expectations. Koo made the remarks during a meeting with Korean reporters in Washington, as the Korean currency strengthened to the 1,460 won range against the greenback after Iran's reopening of the crucial Strait of Hormuz, amid expectations that the United States and Ir

By The Korea Herald