South Korea economy

Analysis / Political turmoil shakes South Korea's economy

The won, which plunged Friday to its lowest level against the dollar since 2009, has been in near-constant decline since President Yoon Suk Yeol's attempt to scrap civilian rule in early December.

S.Korea says to provide liquidity to stabilise markets after turmoil

Equities sank more than two percent in Seoul and the won initially plunged to a two-year low against the dollar after the dramatic move, which stunned traders already concerned about the state of Asia's number-three economy.

December 28, 2024
December 28, 2024

Political turmoil shakes South Korea's economy

The won, which plunged Friday to its lowest level against the dollar since 2009, has been in near-constant decline since President Yoon Suk Yeol's attempt to scrap civilian rule in early December.

December 4, 2024
December 4, 2024

S.Korea says to provide liquidity to stabilise markets after turmoil

Equities sank more than two percent in Seoul and the won initially plunged to a two-year low against the dollar after the dramatic move, which stunned traders already concerned about the state of Asia's number-three economy.