{
  "id": 851883,
  "title": "Korean won gains slightly after soft US inflation data",
  "url": "https://urgent.news/2026/08/14/korean-won-gains-slightly-after-soft-us-inflation-data-851883",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-14T08:32:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20260814/korean-won-gains-slightly-after-soft-us-inflation-data"
  },
  "original_language": "en",
  "account": "The Korean won experienced a slight increase against the U.S. dollar on Friday, as unexpectedly mild U.S. inflation data lowered expectations of a Federal Reserve rate increase. The won was trading at 1,418.3 per dollar at 3:30 p.m., marking a 1.1 won rise from the previous day's stock market close. It opened at 1,414.9 per dollar and reached a peak of 1,411.8 won during afternoon trading. This marked the sixth consecutive trading day in which the won fluctuated within a 1,140 per dollar range, the highest level since early October last year. The U.S. Producer Price Index surged 4.7 percent year-over-year in July, a decrease from the 5.5 percent increase seen in June. In the latest trading session, foreigners purchased a net 3.38 trillion won worth of local stocks, propelling the benchmark Korea Composite Stock Price Index to a 2.42 percent rise, closing at 6,977.94.",
  "summary": "The Korean won made slight gains against the U.S. dollar Friday, after better-than-expected U.S. inflation data reduced market expectations of a rate hike by the Federal Reserve. The won was quoted at 1,418.3 won per dollar at 3:30 p.m., up 1.1 won from the close of stock trading the previous day. The won opened at 1,414.9 won per dollar and rose to as high as 1,411.8 won in afternoon trading.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Korean won gains slightly after soft US inflation data",
        "url": "https://urgent.news/2026/08/14/korean-won-gains-slightly-after-soft-us-inflation-data",
        "published": "2026-08-14T08:22:02.000Z"
      }
    ]
  },
  "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."
}