Story perspectives

Won Plummets Amid Geopolitical Tensions and Policy Gaps

1/6/2026

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Summary

Story summary

The won weakened to 1,448.6 per dollar, its fourth consecutive day of losses, as Finance Minister Koo Yun-cheol stressed fixing currency's structural imbalance.
Depreciation follows a restructuring that split Ministry of Economy and Finance, raising concerns about policy gaps.
Geopolitical tensions rose after North Korea launched missiles during President Lee Jae Myung’s visit to China, aimed at boosting cooperation.
The government plans tax incentives for long-term investments in domestic stocks.

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Story summary

The won weakened to 1,448.6 per dollar, its fourth consecutive day of losses, as Finance Minister Koo Yun-cheol stressed fixing currency's structural imbalance.
Depreciation follows a restructuring that split Ministry of Economy and Finance, raising concerns about policy gaps.
Geopolitical tensions rose after North Korea launched missiles during President Lee Jae Myung’s visit to China, aimed at boosting cooperation.
The government plans tax incentives for long-term investments in domestic stocks.