The Korean won wobbles after Venezuela turmoil

By Yoo Na-hyun Posted : January 5, 2026, 16:29 Updated : January 5, 2026, 16:29
On Jan 5 foreign exchange rates are displayed at a currency exchange office in Seoul’s Myeong-dong AJP You Na-hyun
FX rates at display at a currency exchange office in Seoul’s Myeong-dong on Jan. 5, 2025 after the weekend Venezuela turmoil. AJP You Na-hyun

SEOUL, January 05 (AJP) -Strenuous efforts to shore up the Korean won were undermined Monday on escalating tensions between between Venezuela and the United States after a surprise armed intervention. 
 
The dollar shot near to 1,450 won Monday on deepened bias towards safe-haven assets at times of geopolitical risks. 

The volatility may continue depending on developments related to energy and oil markets. 
 

On Jan 5 foreign exchange rates are displayed at a currency exchange office in Seoul’s Myeong-dong AJP You Na-hyun
On Jan. 5, 2026, foreign exchange rates are displayed at a currency exchange office in Seoul’s Myeong-dong. AJP You Na-hyun

 

On Jan 5 foreign exchange rates are displayed at a currency exchange office in Seoul’s Myeong-dong AJP You Na-hyun
On Jan. 5, foreign exchange rates are displayed at a currency exchange office in Seoul’s Myeong-dong. AJP You Na-hyun

 

On Jan 5 foreign exchange rates are displayed at a currency exchange office in Seoul’s Myeong-dong AJP You Na-hyun
On Jan. 5, foreign exchange rates are displayed at a currency exchange office in Seoul’s Myeong-dong. AJP You Na-hyun


 

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