Why Koreans Can Buy a Dollar for Less Than a Dollar Right Now
The South Korean won fell to 1,511 won per dollar on Monday, its weakest level since March 2009, as the war in Iran sent investors rushing into safe-haven assets. The dollar’s surge is real — but in Korea’s crypto markets, the kimchi premium on tether has quietly collapsed. Won Freefall Drives Dollar Demand Seoul’s foreign exchange market opened at 1,504. 9 won before spiking to 1,511
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