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PHOTO Won continues to fall against dollar

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By Yi Whan-woo
  • Published KST
  • Updated KST
A tourist passes by a board displaying U.S. and other currency exchange rates at a money booth in Seoul’s Myeong-dong shopping district, Monday. The Korean won closed at 1,477.1 per dollar in the daytime trading session, weakening by 1.5 won. This marks the won's sixth consecutive losing trading day, extending its decline further and falling to a seven-month low. The Ministry of Economy and Finance said it has formed a multilateral consultative body involving the National Pension Service to monitor the impact of the state-run pension operator's expanded overseas investment activities on the currency market. Yonhap

A tourist passes by a board displaying U.S. and other currency exchange rates at a money booth in Seoul’s Myeong-dong shopping district, Monday. The Korean won closed at 1,477.1 per dollar in the daytime trading session, weakening by 1.5 won. This marks the won's sixth consecutive losing trading day, extending its decline further and falling to a seven-month low. The Ministry of Economy and Finance said it has formed a multilateral consultative body involving the National Pension Service to monitor the impact of the state-run pension operator's expanded overseas investment activities on the currency market. Yonhap