South Korean Won Records Steep Decline in 2024

South Korean won weakens over 12% in 2024, experiencing its worst annual performance since 2008. Discover the factors impacting this significant currency drop.

A visually striking image of South Korean won banknotes, subtly fading into the background to symbol
South Korean Won Records Steep Decline in 2024

The South Korean won weakened more than 12% in 2024, marking its worst year since 2008.

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