Economy
Add as a preferred source on GoogleThe rate fell 13.2 won from Thursday’s close and ended 14.4% below the 2026 peak of 1,555.8.
The South Korean won strengthened against the dollar Friday, with Bank of Korea data putting USD/KRW at 1,331.4 won per dollar at Seoul’s close, the year’s lowest reading.
A lower USD/KRW rate means fewer won are exchanged for each dollar, reflecting a stronger won. Friday’s close was 13.2 won below Thursday’s and 14.4% under the 2026 peak of 1,555.8.
Thursday’s rate had risen 6.3 won to a close of 1,344.6.
Ukrainian President Volodymyr Zelenskiy criticized US President Donald Trump’s diesel agreement with Russia on Friday, warning that the deal could help finance Moscow’s war in Ukraine while undermining international peac…
Offers for notes due in 2032 and 2034 remain open until Oct. 20 at 5 p.m. ET, with higher exchange consideration for both series.
Oil prices jumped more than 3% on Friday, extending strong weekly gains as escalating Middle East tensions and uncertainty surrounding a U.S.-Russia diesel supply agreement heightened concerns over global energy markets.…
