S. Korean currency slides on Trump's renewed threats to hit Iranian infrastructure | Yonhap News Agency
Summary
President Donald Trump renewed threats to strike Iranian energy facilities and bridges if the Strait of Hormuz is not reopened, while setting a new deadline for action. A customer visits a currency exchange office in Seoul's Myeongdong on April 5, 2026. (Yonhap) graceoh@yna.co.kr (END) Related Articles Seoul shares open higher despite Trump's renewed threats on Iran Trump threatens to strike Iran power plants if Strait of Hormuz not reopened by Tuesday evening (LEAD) Lee vows all-out efforts to prevent Mideast war from escalating into bigger crisis for S. Korea Keywords #Korean currency Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP (URGENT) BTS earns 7th No. 1 song on the Billboard singles chart with 'Swim' (LEAD) (News Focus) With 'Arirang,' BTS proves endurance beyond long break Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. (3rd LD) Lee says S. Korean currency slides on Trump's renewed threats to hit Iranian infrastructure Next S.
President Donald Trump renewed threats to strike Iranian energy facilities and bridges if the Strait of Hormuz is not reopened, while setting a new deadline for action. A customer visits a currency exchange office in Seoul's Myeongdong on April 5, 2026. (Yonhap) graceoh@yna.co.kr (END) Related Articles Seoul shares open higher despite Trump's renewed threats on Iran Trump threatens to strike Iran power plants if Strait of Hormuz not reopened by Tuesday evening (LEAD) Lee vows all-out efforts to prevent Mideast war from escalating into bigger crisis for S. Korea Keywords #Korean currency Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP (URGENT) BTS earns 7th No. 1 song on the Billboard singles chart with 'Swim' (LEAD) (News Focus) With 'Arirang,' BTS proves endurance beyond long break Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. (3rd LD) Lee says S. Korean currency slides on Trump's renewed threats to hit Iranian infrastructure Next S.
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SEOUL, April 6 (Yonhap) -- The South Korean won weakened against the U.S. dollar Monday after U.S. President Donald Trump renewed threats to strike Iranian energy facilities and bridges if the Strait of Hormuz is not reopened, while setting a new deadline for action.
The won opened at 1,510.3 per dollar, down 5.1 won from the previous session's close.
The currency has shown heightened volatility in recent sessions, remaining below the psychologically important 1,500 won level, as the war in the Middle East that began late February has driven up global oil prices, fueling concerns over inflation and a potential economic slowdown.
On Sunday (U.S. time), Trump said Iran would "be living in hell" if it fails to reopen the crucial waterway, extending his deadline for a deal by one day to 8 p.m. Tuesday.
Escalating tensions further lifted crude prices amid supply concerns, with Brent and West Texas Intermediate (WTI) climbing above US$110 per barrel.
Higher oil prices have pressured the won by increasing demand for dollars for crude imports, as South Korea relies heavily on imports for energy.
The dollar index, which measures the value of the U.S. dollar against the currencies of six major countries, surged to as high as 100.275 on Monday.
Despite the instability, the benchmark Korea Composite Stock Price Index (KOSPI) rose 60.26 points, or 1.12 percent, to 5,437.56 in the first 30 minutes of trading Monday on solid buying by institutions.
A customer visits a currency exchange office in Seoul's Myeongdong on April 5, 2026. (Yonhap)
graceoh@yna.co.kr
(END)
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S. Korean currency slides on Trump's renewed threats to hit Iranian infrastructure
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## Expert Analysis
### Merits
- The currency has shown heightened volatility in recent sessions, remaining below the psychologically important 1,500 won level, as the war in the Middle East that began late February has driven up global oil prices, fueling concerns over inflation and a potential economic slowdown.
### Areas for Consideration
- Korea Keywords #Korean currency Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP (URGENT) BTS earns 7th No. 1 song on the Billboard singles chart with 'Swim' (LEAD) (News Focus) With 'Arirang,' BTS proves endurance beyond long break Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. (3rd LD) Lee says S.
### Implications
- A customer visits a currency exchange office in Seoul's Myeongdong on April 5, 2026. (Yonhap) graceoh@yna.co.kr (END) Related Articles Seoul shares open higher despite Trump's renewed threats on Iran Trump threatens to strike Iran power plants if Strait of Hormuz not reopened by Tuesday evening (LEAD) Lee vows all-out efforts to prevent Mideast war from escalating into bigger crisis for S.
- Korea Keywords #Korean currency Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP (URGENT) BTS earns 7th No. 1 song on the Billboard singles chart with 'Swim' (LEAD) (News Focus) With 'Arirang,' BTS proves endurance beyond long break Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. (3rd LD) Lee says S.
### Expert Commentary
This article covers trump, korea, won topics. Notable strengths include discussion of trump. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 563.
Original Source
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