Korean won's sharp weakness against U.S. dollar

Korean won's sharp weakness against U.S. dollar

A clerk sorts US$100 banknotes at the headquarters of Hana Bank in Seoul on March 4, 2026. The U.S. dollar briefly rose above the 1,500 level against the Korean won the same day amid concerns over energy supply disruptions due to the conflict in the Middle East and a flight to the dollar as a safe-haven asset. (Yonhap)

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