KRW-USD Exchange Rate Breaks Through 1,530 Won... "Difficult to Predict the Upper Limit" [1-Minute Brief]
[At a Glance]
① [Market] Exchange Rate Surpasses 1,530 KRW... 12 Consecutive Trading Days Above 1,500
② [Commodities] U.S. to Lower Tariffs on Korean Industrial Equipment Including Forklifts
③ [Defense] Hanwha Aerospace Halts Production Lines for Two Days for Special Safety Inspection
MARKET INDEX : Year to date
Top 3 NEWS
■ KRW Breaks Through the 1,530 Level Again Amid Financial Crisis Fears... Markets Say "Difficult to Predict the Upper Limit"
○ The KRW-USD exchange rate started in the 1,530 won range, marking the first time since the 2009 global financial crisis.
○ Volatility has increased due to Iran's attack on Kuwait and the U.S. tariff announcement.
○ The government held a market monitoring meeting, stating that it will take firm action against excessive one-sidedness.
○ Volatility has increased due to Iran's attack on Kuwait and the U.S. tariff announcement.
○ The government held a market monitoring meeting, stating that it will take firm action against excessive one-sidedness.
■ U.S. Lowers Some Tariffs on Steel and Aluminum Derivatives... 15% Tariff Applied to Korean Forklifts and Bulldozers
○ The U.S. government lowered tariffs on steel derivatives and related products.
○ Tariffs on agricultural equipment and air conditioning systems also reduced to 15%.
○ Eases tariff burden on $2.3 billion worth of export items.
○ Tariffs on agricultural equipment and air conditioning systems also reduced to 15%.
○ Eases tariff burden on $2.3 billion worth of export items.
■ Hanwha Aerospace Halts Production Lines for Two Days... Launches Special Safety Inspection
○ Operations fully suspended at 9 domestic sites until June 5.
○ Considering expansion of unmanned automation at sites handling explosives.
○ Petrochemical affiliates such as Hanwha Solutions are also conducting inspections.
○ Considering expansion of unmanned automation at sites handling explosives.
○ Petrochemical affiliates such as Hanwha Solutions are also conducting inspections.
OK in one minute—essential, high-value economic news. Published daily at 8 a.m.
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