{
  "id": 9104916,
  "title": "Won-dollar rate back on roller coaster as 1,400-won mark looms",
  "url": "https://urgent.news/2026/09/22/won-dollar-rate-back-on-roller-coaster-as-1-400-won-mark-looms",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T07:37:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/others/20260922/won-dollar-rate-back-on-roller-coaster-as-1400-won-mark-looms"
  },
  "original_language": "en",
  "account": "The Korean won has experienced a resurgence of volatility, erasing much of its recent gains against the U.S. dollar. Analysts attribute the recent fluctuations to a combination of tighter U.S. monetary policy, rising oil prices, and a decreasing supply of dollars in the local foreign exchange market. Over the past week, the won-dollar exchange rate has climbed nearly 50 won in seven consecutive trading sessions, reigniting interest in the 1,400-won mark. This exchange rate has shown significant volatility in recent weeks, dipping to a 23-month low of 1,336.1 won per dollar on September 9 as major semiconductor exporters sold dollars, increasing the supply of foreign currency. However, this downward trend was halted for seven straight sessions, with the rate climbing 47.2 won from its September 9 close. Tuesday saw a slight recovery, with the rate falling to 1,358.2 won per dollar onshore trading. The Federal Reserve's recent interest rate hike, amounting to a 25 basis point increase, has been a significant driver behind this renewed interest in the won-dollar exchange rate.",
  "summary": "The Korean won has come under renewed pressure, reversing much of its recent gains against the U.S. dollar as tighter U.S. monetary policy, higher oil prices and reduced dollar supply in the local foreign exchange market weigh on the currency, analysts said Tuesday. The won-dollar exchange rate rose nearly 50 won over seven consecutive trading sessions through Friday from its Sept. 9 level,…",
  "key_points": [
    "Korean won shows renewed volatility after recent gains",
    "Exchange rate climbs 50 won in seven consecutive sessions",
    "1,400-won mark nears as dollar supply decreases"
  ],
  "editors_take": "The renewed volatility in the won-dollar exchange rate suggests that tighter US monetary policy and rising oil prices are regaining influence over the Korean currency's value.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Won-dollar rate back on roller coaster as 1,400-won mark looms",
        "url": "https://urgent.news/2026/09/22/won-dollar-rate-back-on-roller-coaster-as-1-400-won-mark-looms-9106938",
        "published": "2026-09-22T07:52:03.000Z"
      }
    ]
  },
  "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."
}