The won reached another decade-plus low on Wednesday, falling to 1,395.50 won against the dollar following higher-than-expected inflation in the United States in August.
An electronic display board at Hana Bank in central Seoul shows market on Wednesday. [NEWS1]
The won reached another decade-plus low on Wednesday, falling to 1,395.50 won against the dollar following higher-than-expected inflation in the United States in August.
The won fell around 1.5 percent from the previous trading day after the U.S. reported 8.3 percent on-year growth in Consumer Price Index Tuesday. The Nasdaq slid 5.16 percent and the S&P 500 4.32 percent on the day of the report.
The Kospi and Kosdaq opened more than 2.5 percent down Wednesday.
![An electronic display board at Hana Bank in central Seoul shows market on Wednesday. [NEWS1]](https://img3.daumcdn.net/thumb/R658x0.q70/?fname=https://t1.daumcdn.net/news/202209/14/koreajoongangdaily/20220914102526418akgb.jpg)