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South Korean won hits 17-year low amid Middle East tensions.
The South Korean won hit a 17-year low against the US dollar on Tuesday, closing at 1,530.1 won per dollar.
The depreciation was driven by escalating Middle East tensions following US-Israeli strikes on Iran, which increased fears of oil supply disruptions and pushed global oil prices above $100 per barrel.
Heavy foreign selling of local stocks and rising energy import costs further pressured the currency.
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El won surcoreano alcanza su mínimo en 17 años en medio de las tensiones en Medio Oriente.