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South Korean Won Hits 8-Month Low Amid Turmoil

12/19/2025

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Summary

Story summary

The South Korean won fell to an eight-month low, 1,482.25 per dollar, as foreign investors sold stocks and concerns over inflation and capital outflows rose.
Finance Ministry warned of volatility and will act, including easing rules to boost dollar liquidity.
The National Pension Service has begun selling dollars to stabilize the won.
Finance Minister Koo Yun Cheol said there are no plans to use the fund to defend the currency.

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Story summary

The South Korean won fell to an eight-month low, 1,482.25 per dollar, as foreign investors sold stocks and concerns over inflation and capital outflows rose.
Finance Ministry warned of volatility and will act, including easing rules to boost dollar liquidity.
The National Pension Service has begun selling dollars to stabilize the won.
Finance Minister Koo Yun Cheol said there are no plans to use the fund to defend the currency.