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flag South Korea's won hits 15-year low against the US dollar, causing mixed impacts on citizens.

flag South Korea's won hit a 15-year low against the US dollar on December 19, reaching 1,452.1 won per dollar. flag This decline is attributed to expectations of slower US rate cuts by the Federal Reserve and domestic political uncertainties. flag The Bank of Korea is prepared to take measures if financial volatility becomes excessive. flag The won's weakness is causing financial stress for Korean students and expats in the US but is beneficial for US-based Korean travelers to Korea.

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