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Korean won falls nearly 6% against dollar this year amid foreign stock sell-off
KR🏛️ Politikaprije 11 h

Korean won falls nearly 6% against dollar this year amid foreign stock sell-off

The South Korean won has depreciated nearly 6 percent against the US dollar this year, according to data from the Bank of Korea, marking the second-largest first-half depreciation on record. Foreign investors have sold over 156 trillion won ($102.3 billion) worth of domestic stocks, significantly exceeding the levels seen during the 2008 global financial crisis. The won reached above the 1,500-won level against the dollar for the first time since the global financial crisis, driven by geopolitical tensions in the Middle East. While the won briefly stabilized below 1,400 won, it has remained above 1,500 won since mid-May. Among G20 currencies, only the Turkish lira and the Indonesian rupiah have experienced greater depreciation. The sharp decline reflects ongoing foreign capital outflows and heightened economic uncertainty.

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The Korea Herald logoThe Korea HeraldNeovisanSredinaČinjenice 95Objektivnost 88prije 11 h
Korean won falls nearly 6% against dollar this year amid foreign stock sell-off

The South Korean won has depreciated nearly 6 percent against the US dollar this year, according to data from the Bank of Korea, marking the second-largest first-half depreciation on record. Foreign investors have sold over 156 trillion won ($102.3 billion) worth of domestic stocks, significantly exceeding the levels seen during the 2008 global financial crisis. The won reached above the 1,500-won level against the dollar for the first time since the global financial crisis, driven by geopolitical tensions in the Middle East. While the won briefly stabilized below 1,400 won, it has remained above 1,500 won since mid-May. Among G20 currencies, only the Turkish lira and the Indonesian rupiah have experienced greater depreciation. The sharp decline reflects ongoing foreign capital outflows and heightened economic uncertainty.

Procjena pristranosti (Sredina): The article presents factual economic data without overt ideological framing. It reports on the depreciation of the Korean won and foreign investment trends without taking a clear partisan stance. The focus remains on objective economic indicators and international market dynamics, with balanced use

Zašto ove ocjene (Činjenice 95 · Objektivnost 88): Factuality is high as the article cites specific data from the Bank of Korea and Yonhap Infomax, aligning with cross-source consensus on the won's depreciation and foreign selling. Objectivity is slightly lower due to some emotive language like 'worst-performing major currencies' and emphasis on his

Neka vijesti ostanu poštene.

ObjectiveNews financiraju čitatelji i bez oglasa je – pristranost vam pokazujemo, ne skrivamo. Podržite neovisno novinarstvo za 5 €/mjesec.

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