Finance·Jul 24, 2026
South Korea Stays on US Currency Watchlist as Won Faces Depreciation Pressure
Treasury maintains monitoring despite Seoul's current account surplus and robust economic indicators
By Cheng Wei-Lun · 3 min ·
Every BriefAsia story tagged Asia Trade, newest first.

Treasury maintains monitoring despite Seoul's current account surplus and robust economic indicators

Brent crude rose above $85 per barrel as US-Iran tensions escalated, with Washington resuming naval blockade and Tehran launching retaliatory drone attacks across the Gulf.

Keppel and Sembcorp led declines on the Straits Times Index after renewed US-Iran tensions disrupted shipping routes and sent crude oil soaring