(LEAD) S. Korean won hits fresh 17-yr low on fund outflows

πŸ‡°πŸ‡· Yonhap News (KR) —
(LEAD) S. Korean won hits fresh 17-yr low on fund outflows

AI Summary

The South Korean won weakened further against the U.S. dollar, hitting a fresh 17-year low amid ongoing fund outflows. This marks significant currency depreciation impacting the South Korean economy.

SEOUL, June 30 (Yonhap) -- The South Korean won weakened further against the U.S...

Markets South Korean won currency fund outflows exchange rate South Korea USD

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