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Stock traders in Seoul monitor the weakening Korean won against the US dollar on screens showing 1,508.6 rate, with overlaid imagery of the blocked Strait of Hormuz amid Iran conflict.
صورة مولدة بواسطة الذكاء الاصطناعي

Korean won weakens further against US dollar as Iran conflict persists

من إعداد الذكاء الاصطناعي صورة مولدة بواسطة الذكاء الاصطناعي

The South Korean won weakened further against the US dollar on Friday as talks between the United States and Iran to end their month-long conflict showed no immediate progress. It opened at 1,508.6 won per dollar, down 1.6 won from the previous session. The escalating Middle East crisis has driven up global oil prices with the Strait of Hormuz effectively closed, hitting import-dependent South Korea.

South Korean stocks opened sharply lower on Friday amid heightened risk-off sentiment from renewed Middle East tensions. The KOSPI benchmark fell 3.74% to 5,256.46 in the first 20 minutes of trading. Uncertainty in U.S.-Iran negotiations fueled the decline.

من إعداد الذكاء الاصطناعي

South Korean stocks opened sharply higher on March 24 amid hopes of easing Middle East tensions, following U.S. President Donald Trump's announcement of talks with Iran and a five-day postponement of strikes. The KOSPI index rose 4.25% at open, reaching 5,602.08, up 3.63%, after 15 minutes of trading.

South Korean stocks tumbled nearly 6% on March 9 amid U.S.-Israeli strikes on Iran driving oil past $100 per barrel. The won hit a 17-year low of 1,495.5 per dollar as circuit breakers activated. President Lee Jae-myung ordered a fuel price cap to curb soaring petroleum costs.

من إعداد الذكاء الاصطناعي

The Kenyan shilling has been ranked by Bloomberg data among the top five most stable currencies globally, with volatility of just 1.5 percent over the past year. This ranking reinforces confidence in the country's economic management efforts. Central Bank of Kenya Governor Kamau Thugge attributes the stability to improvements in the nation's external financial position.

Kenya's Central Bank Governor Kamau Thugge has attributed the Kenyan shilling's 18-month stability against the US dollar to strong foreign exchange reserves and other factors. The currency has traded between 128 and 130 shillings per dollar during this period. This marks a significant turnaround from its 21% crash in 2023.

من إعداد الذكاء الاصطناعي

انخفض الجنيه المصري تدريجيًا مقابل الدولار الأمريكي في الأيام الأخيرة، ليصل إلى 47.95 جنيهًا يوم الثلاثاء مقارنة بـ46.72 جنيهًا قبل أسبوع. يرجع هذا الانخفاض إلى سحب المستثمرين الأجانب أموالهم من أسواق السندات في الدول الناشئة، مع خروج نحو 12 مليار جنيه (250 مليون دولار) من السوق المصرية خلال الأسبوع الماضي.

 

 

 

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