South Korea Rolls Out $17 Billion Budget to Counter Iran Shock - Bloomberg

South Korea Rolls Out $17 Billion Budget to Counter Iran Shock  Bloomberg

Needles, syringes to cost more in South Korea as impact of Middle East war hits medical sector - The Straits Times

Needles, syringes to cost more in South Korea as impact of Middle East war hits medical sector  The Straits Times

Won-dollar rate closes above 1,530, highest since 2008 crisis

The South Korean currency fell sharply to a 17-year low against the US dollar Tuesday as the escalating Middle East conflict fueled fears of further disruptions to global oil supplies and broader economic impacts. The won was quoted at 1,530.1 won per dollar, down 14.4 won from the previous session, extending its losing streak to a fifth consecutive session. Tuesday's level marked the lowest since March 9, 2009, on a closing basis, when the won hit 1,549 as the country grappled with the global f

By The Korea Herald

South Korea to start crude oil swap with local refiners, ministry says