FX rates at display at a currency exchange office in Seoul’s Myeong-dong on Jan. 5, 2025 after the weekend Venezuela turmoil. AJP You Na-hyun SEOUL, January 05 (AJP) -Strenuous efforts to shore up the Korean won were undermined Monday on escalating tensions between between Venezuela and the United States after a surprise armed intervention.
The dollar shot near to 1,450 won Monday on deepened bias towards safe-haven assets at times of geopolitical risks.
The volatility may continue depending on developments related to energy and oil markets.
On Jan. 5, 2026, foreign exchange rates are displayed at a currency exchange office in Seoul’s Myeong-dong. AJP You Na-hyun
On Jan. 5, foreign exchange rates are displayed at a currency exchange office in Seoul’s Myeong-dong. AJP You Na-hyun
On Jan. 5, foreign exchange rates are displayed at a currency exchange office in Seoul’s Myeong-dong. AJP You Na-hyun
Yoo Na-hyun Reporter shooting@ajupress.com
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