USD-KRW Rises to 1,493.20 on July 15 as Middle East Tensions Boost Dollar

According to Yonhapinfomax, USD-KRW climbed to 1,493.20 on July 15 amid heightened Middle East geopolitical tensions driving global dollar strength. The Korean won weakened from 1,484.70 in just one hour as market risk-off sentiment intensified. Iran's government spokesperson disclosed that U.S. airstrikes killed over 30 civilians, with Iranian military reporting 7 soldiers lost, according to AFP. Brent crude surged to $86 per barrel as the escalating tensions drove investors toward dollar-denominated assets.
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