South Korean won falls to 17‑month low as political and trade tensions rise

The South Korean won slipped to its lowest level in 17 months. The depreciation came amid mounting political uncertainty in the region. Trade headwinds, including strained relations with key partners, added pressure. Analysts linked the currency weakness to concerns over future growth. The won’s slide increased the cost of imports for South Korean businesses. The central bank is monitoring the situation closely. Investors are watching for policy responses to stabilize the currency. Market participants expect the won to remain volatile until tensions ease.