{
  "id": 19309099,
  "title": "Korean won gains against US dollar as oil prices slide",
  "url": "https://urgent.news/2026/11/10/korean-won-gains-against-us-dollar-as-oil-prices-slide",
  "topic": "world",
  "section": "World",
  "published": "2026-11-10T08:47:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20261110/korean-won-gains-against-us-dollar-as-oil-prices-slide"
  },
  "original_language": "en",
  "account": "The Korean won strengthened against the US dollar on Tuesday as global oil prices fell, following U.S. President Donald Trump hinting at a possible end to the conflict with Iran. The currency rate rose to 1,337.5 won per dollar at 3:30 p.m., marking an increase of 9.6 won from the previous trading session's closing rate. Trump's meeting with Qatar Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, who played a crucial role in mediating between Washington and Tehran, at the White House provided a boost to the won's value. The president announced that there would be no further strikes against Iran for now. Additionally, the won's gain was further supported by a significant rebound in the stock market, with foreign investors turning into net buyers of local stocks. During the latest regular stock trading session, foreign investors purchased a total of 350 billion won ($260 million) worth of local shares. The Korea Composite Stock Price Index, a key benchmark, surged 4.39 percent to close at 5,239.13.",
  "summary": "The Korean won climbed against the U.S. dollar Tuesday, as global oil prices declined with U.S. President Donald Trump signaling a possible resolution to the war with Iran. The won was quoted at 1,337.5 won per dollar at 3:30 p.m., up 9.6 won from the close of the previous stock trading session. After meeting with Qatar Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, a key mediator…",
  "key_points": [
    "Korean won strengthened to 1,337.5 per dollar",
    "Oil prices fell after Trump hinted at ending Iran conflict",
    "Foreign investors bought 350 billion won in local stocks"
  ],
  "editors_take": "De-escalation in Middle East tensions and a surge in foreign stock purchases provide the dual momentum necessary to strengthen the Korean won against the US dollar.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}