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South Korean won hits 15-year low – is investing risky?

23 December 2024
in Business
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South Korean won hits 15-year low – is investing risky?
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South Korean president Yoon Suk Yeol has been suspended after an impeachment vote due to his failed attempt to declare martial law, facing allegations of high treason. The economy is struggling, with the Kospi share index down 6.5% and the won weakened against other currencies. Yoon’s chaotic actions have left investors wary, causing Korean stocks to remain under pressure and hindering efforts to improve shareholder value and economic renewal.

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Tags: 15yearhitsInvestingKoreanRiskySouthWon
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