{
  "id": 16867406,
  "title": "Korean won sharply weakens against US dollar",
  "url": "https://urgent.news/2026/10/28/korean-won-sharply-weakens-against-us-dollar",
  "topic": "world",
  "section": "World",
  "published": "2026-10-28T07:47:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261028/korean-won-sharply-weakens-against-us-dollar"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Korean won experienced a sharp depreciation against the U.S. dollar on Wednesday, with the exchange rate falling to 1,337.7 won per dollar, a decrease of 14 won from the previous trading session. Traders noted a low of 1,342.3 won per dollar during afternoon trading. Despite the U.S. Federal Reserve's anticipated decision to maintain its key interest rate this week, there were concerns about a potential rate hike later in the year. Foreign investors purchased a net 815.8 billion won worth of local shares during the latest regular stock trading session, leading to a 6.63 percent increase in the Korea Composite Stock Price Index, which closed at 6,012.44.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "S. Korean won sharply weakens against U.S. dollar",
        "url": "https://urgent.news/2026/10/28/s-korean-won-sharply-weakens-against-u-s-dollar",
        "published": "2026-10-28T07:35:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}