Rising food prices due to high exchange rates are gradually eroding the space for cost-effective dining among ordinary citizens. The prices of representative affordable dishes such as jjajangmyeon, ...

Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...

The won-dollar exchange rate has broken through the psychological resistance level of 1,450 Korean won. As of 1:33 p.m. on ...