Korean Won Falls to 4-Week Low

2026-01-19 03:12 By Mariene Camarillo 1 min. read

The South Korean won fell to around 1,477 per dollar, extending losses to a four-week low as markets remained cautious despite intensified efforts by authorities and financial institutions to stabilize the currency.

Over the weekend, major commercial banks, working closely with foreign-exchange regulators, introduced measures aimed at boosting dollar liquidity in the domestic market and curbing excessive demand for the greenback.

Meanwhile, market sentiment found some support from a modest improvement in South Korea’s economic outlook.

The International Monetary Fund raised its growth forecast for the country this year to 1.9%, slightly higher than its previous estimate.

The fund cited stronger policy support, rising consumer confidence, and a recovery in economic activity in the second half of last year, trends it expects to carry through the remainder of the year.



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