The South Korean won falls to its lowest level against the US dollar in nearly 17 years.

According to reports, due to the surge in international oil prices, the South Korean won against the US dollar exchange rate closed at its lowest point in nearly 17 years on the 9th. In the Seoul foreign exchange market, as of the 3:30 pm closing, the won against the US dollar exchange rate fell by 19.1 won from the previous trading day to 1495.5 won, dropping to the lowest level since March 12, 2009 during the financial crisis.