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S. Korean currency surges on Trump's signaling of end to Middle East war | Yonhap News Agency
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Summary
As the conflict drags on, Trump said Tuesday (U.S. time) he expects U.S. forces to withdraw from Iran in "two or three weeks," adding, "All I have to do is leave Iran, and we'll be doing that very soon, and they'll come tumbling down." Iranian President Masoud Pezeshkian told European Council President Antonio Costa that Tehran has the "necessary will" to end the war, provided its adversaries guarantee it will not reignite, according to foreign media reports. Officials work at a dealing room of Woori Bank in Seoul on April 1, 2026. (Yonhap) graceoh@yna.co.kr (END) Related Articles (LEAD) Seoul shares open sharply higher amid hopes for end to Middle East war (2nd LD) Trump says U.S. might end war with Iran in '2 or 3 weeks' Nat'l Assembly passes tax bills to stabilize foreign exchange market (2nd LD) Korean won drops to fresh 17-yr low over oil supply woes, foreign stock sell-off Keywords #Korean currency Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Korean Air to enter emergency management mode over soaring fuel costs (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. Korean currency surges on Trump's signaling of end to Middle East war Next S. Korean currency surges on Trump's signaling of end to Middle East war
## Summary
As the conflict drags on, Trump said Tuesday (U.S. time) he expects U.S. forces to withdraw from Iran in "two or three weeks," adding, "All I have to do is leave Iran, and we'll be doing that very soon, and they'll come tumbling down." Iranian President Masoud Pezeshkian told European Council President Antonio Costa that Tehran has the "necessary will" to end the war, provided its adversaries guarantee it will not reignite, according to foreign media reports. Officials work at a dealing room of Woori Bank in Seoul on April 1, 2026. (Yonhap) graceoh@yna.co.kr (END) Related Articles (LEAD) Seoul shares open sharply higher amid hopes for end to Middle East war (2nd LD) Trump says U.S. might end war with Iran in '2 or 3 weeks' Nat'l Assembly passes tax bills to stabilize foreign exchange market (2nd LD) Korean won drops to fresh 17-yr low over oil supply woes, foreign stock sell-off Keywords #Korean currency Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Korean Air to enter emergency management mode over soaring fuel costs (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. Korean currency surges on Trump's signaling of end to Middle East war Next S. Korean currency surges on Trump's signaling of end to Middle East war
## Article Content
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SEOUL, April 1 (Yonhap) -- The South Korean won rose sharply against the U.S. dollar Wednesday, rebounding from a steep decline in the previous session, after U.S. President Donald Trump signaled a potential end to the monthlong war in the Middle East.
The won opened at 1,508.5 per dollar, up 21.6 won from the previous session's close of 1,530.1.
Tuesday's level marked the lowest since March 9, 2009, when the won closed at 1,549 during the global financial crisis.
As the conflict drags on, Trump said Tuesday (U.S. time) he expects U.S. forces to withdraw from Iran in "two or three weeks," adding, "All I have to do is leave Iran, and we'll be doing that very soon, and they'll come tumbling down."
Iranian President Masoud Pezeshkian told European Council President Antonio Costa that Tehran has the "necessary will" to end the war, provided its adversaries guarantee it will not reignite, according to foreign media reports.
Overnight, the dollar index, which measures the U.S. currency against six major peers, fell below the 100 level. U.S. stocks also rose sharply as investors welcomed the latest developments.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 4.88 percent to 5.299.02 in the first 15 minutes of trading on Wednesday.
Domestic and global foreign exchange and stock markets have seen heightened volatility as U.S.-Israeli strikes on Iran that began late last month escalated into a broader regional conflict, driving up global oil prices and stoking concerns about inflation and an economic slowdown.
Officials work at a dealing room of Woori Bank in Seoul on April 1, 2026. (Yonhap)
graceoh@yna.co.kr
(END)
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Keywords
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S. Korean currency surges on Trump's signaling of end to Middle East war
Next
S. Korean currency surges on Trump's signaling of end to Middle East war
---
## Expert Analysis
### Merits
- Korea's strong backlash against growing S.
### Areas for Consideration
- Officials work at a dealing room of Woori Bank in Seoul on April 1, 2026. (Yonhap) graceoh@yna.co.kr (END) Related Articles (LEAD) Seoul shares open sharply higher amid hopes for end to Middle East war (2nd LD) Trump says U.S. might end war with Iran in '2 or 3 weeks' Nat'l Assembly passes tax bills to stabilize foreign exchange market (2nd LD) Korean won drops to fresh 17-yr low over oil supply woes, foreign stock sell-off Keywords #Korean currency Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Korean Air to enter emergency management mode over soaring fuel costs (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
### Implications
- As the conflict drags on, Trump said Tuesday (U.S. time) he expects U.S. forces to withdraw from Iran in "two or three weeks," adding, "All I have to do is leave Iran, and we'll be doing that very soon, and they'll come tumbling down." Iranian President Masoud Pezeshkian told European Council President Antonio Costa that Tehran has the "necessary will" to end the war, provided its adversaries guarantee it will not reignite, according to foreign media reports.
- Officials work at a dealing room of Woori Bank in Seoul on April 1, 2026. (Yonhap) graceoh@yna.co.kr (END) Related Articles (LEAD) Seoul shares open sharply higher amid hopes for end to Middle East war (2nd LD) Trump says U.S. might end war with Iran in '2 or 3 weeks' Nat'l Assembly passes tax bills to stabilize foreign exchange market (2nd LD) Korean won drops to fresh 17-yr low over oil supply woes, foreign stock sell-off Keywords #Korean currency Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Korean Air to enter emergency management mode over soaring fuel costs (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
### Expert Commentary
This article covers end, korean, won topics. Notable strengths include discussion of end. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 600.
As the conflict drags on, Trump said Tuesday (U.S. time) he expects U.S. forces to withdraw from Iran in "two or three weeks," adding, "All I have to do is leave Iran, and we'll be doing that very soon, and they'll come tumbling down." Iranian President Masoud Pezeshkian told European Council President Antonio Costa that Tehran has the "necessary will" to end the war, provided its adversaries guarantee it will not reignite, according to foreign media reports. Officials work at a dealing room of Woori Bank in Seoul on April 1, 2026. (Yonhap) graceoh@yna.co.kr (END) Related Articles (LEAD) Seoul shares open sharply higher amid hopes for end to Middle East war (2nd LD) Trump says U.S. might end war with Iran in '2 or 3 weeks' Nat'l Assembly passes tax bills to stabilize foreign exchange market (2nd LD) Korean won drops to fresh 17-yr low over oil supply woes, foreign stock sell-off Keywords #Korean currency Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Korean Air to enter emergency management mode over soaring fuel costs (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. Korean currency surges on Trump's signaling of end to Middle East war Next S. Korean currency surges on Trump's signaling of end to Middle East war
## Article Content
X
More
Linked in
Tumblr
Facebook Messenger
Copy URL
URL is copied.
OK
SEOUL, April 1 (Yonhap) -- The South Korean won rose sharply against the U.S. dollar Wednesday, rebounding from a steep decline in the previous session, after U.S. President Donald Trump signaled a potential end to the monthlong war in the Middle East.
The won opened at 1,508.5 per dollar, up 21.6 won from the previous session's close of 1,530.1.
Tuesday's level marked the lowest since March 9, 2009, when the won closed at 1,549 during the global financial crisis.
As the conflict drags on, Trump said Tuesday (U.S. time) he expects U.S. forces to withdraw from Iran in "two or three weeks," adding, "All I have to do is leave Iran, and we'll be doing that very soon, and they'll come tumbling down."
Iranian President Masoud Pezeshkian told European Council President Antonio Costa that Tehran has the "necessary will" to end the war, provided its adversaries guarantee it will not reignite, according to foreign media reports.
Overnight, the dollar index, which measures the U.S. currency against six major peers, fell below the 100 level. U.S. stocks also rose sharply as investors welcomed the latest developments.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 4.88 percent to 5.299.02 in the first 15 minutes of trading on Wednesday.
Domestic and global foreign exchange and stock markets have seen heightened volatility as U.S.-Israeli strikes on Iran that began late last month escalated into a broader regional conflict, driving up global oil prices and stoking concerns about inflation and an economic slowdown.
Officials work at a dealing room of Woori Bank in Seoul on April 1, 2026. (Yonhap)
graceoh@yna.co.kr
(END)
Related Articles
(LEAD) Seoul shares open sharply higher amid hopes for end to Middle East war
(2nd LD) Trump says U.S. might end war with Iran in '2 or 3 weeks'
Nat'l Assembly passes tax bills to stabilize foreign exchange market
(2nd LD) Korean won drops to fresh 17-yr low over oil supply woes, foreign stock sell-off
Keywords
#Korean currency
Articles with issue keywords
Most Liked
(2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma
Paik Kun-woo, at 80, says 'Music chose me'
(Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot
(News Focus) Han Kang's NBCC win again spotlights art of translation
(LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang'
Most Saved
(2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma
(News Focus) Han Kang's NBCC win again spotlights art of translation
Paik Kun-woo, at 80, says 'Music chose me'
(Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot
Liberal ex-prime minister to declare mayoral bid in conservative stronghold
Most Viewed
All Categories
(LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed
Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions
Korean Air to enter emergency management mode over soaring fuel costs
(LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
Declassified documents show N. Korea's strong backlash against growing S. Korea–China ties in mid-1990s
Most Viewed More
Most Viewed Photos
Tass news agency's delegation in Pyongyang
Tass news agency's delegation in Pyongyang
Indonesian president visits S. Korea
Tass news agency's delegation in Pyongyang
prev
S. Korean currency surges on Trump's signaling of end to Middle East war
Next
S. Korean currency surges on Trump's signaling of end to Middle East war
---
## Expert Analysis
### Merits
- Korea's strong backlash against growing S.
### Areas for Consideration
- Officials work at a dealing room of Woori Bank in Seoul on April 1, 2026. (Yonhap) graceoh@yna.co.kr (END) Related Articles (LEAD) Seoul shares open sharply higher amid hopes for end to Middle East war (2nd LD) Trump says U.S. might end war with Iran in '2 or 3 weeks' Nat'l Assembly passes tax bills to stabilize foreign exchange market (2nd LD) Korean won drops to fresh 17-yr low over oil supply woes, foreign stock sell-off Keywords #Korean currency Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Korean Air to enter emergency management mode over soaring fuel costs (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
### Implications
- As the conflict drags on, Trump said Tuesday (U.S. time) he expects U.S. forces to withdraw from Iran in "two or three weeks," adding, "All I have to do is leave Iran, and we'll be doing that very soon, and they'll come tumbling down." Iranian President Masoud Pezeshkian told European Council President Antonio Costa that Tehran has the "necessary will" to end the war, provided its adversaries guarantee it will not reignite, according to foreign media reports.
- Officials work at a dealing room of Woori Bank in Seoul on April 1, 2026. (Yonhap) graceoh@yna.co.kr (END) Related Articles (LEAD) Seoul shares open sharply higher amid hopes for end to Middle East war (2nd LD) Trump says U.S. might end war with Iran in '2 or 3 weeks' Nat'l Assembly passes tax bills to stabilize foreign exchange market (2nd LD) Korean won drops to fresh 17-yr low over oil supply woes, foreign stock sell-off Keywords #Korean currency Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Korean Air to enter emergency management mode over soaring fuel costs (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
### Expert Commentary
This article covers end, korean, won topics. Notable strengths include discussion of end. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 600.
end
korean
won
trump
war
middle
east
news
Original Source
https://en.yna.co.kr/view/AEN20260401003400320