Korean won slides as U.S., Iran spar over ceasefire terms | Yonhap News Agency

## Summary
OK SEOUL, April 9 (Yonhap) -- The South Korean won fell against the U.S. dollar Thursday as the United States and Iran wrangled over the terms of a two-week ceasefire in their monthlong conflict. Officials work at the dealing room of Hana Bank in Seoul on April 9, 2026. (Yonhap) sam@yna.co.kr (END) Keywords #Korean currency #volatility Articles with issue keywords Most Liked (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho BTS tops Spotify weekly charts for 2nd week with new album 'Arirang' Lee voices hope for peace in Easter message Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S. Korea, France agree to cooperate on safe passage through Strait of Hormuz Lee voices hope for peace in Easter message Most Viewed All Categories N. Korean road lined with cherry blossoms prev Korean won slides as U.S., Iran spar over ceasefire terms Next Korean won slides as U.S., Iran spar over ceasefire terms

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SEOUL, April 9 (Yonhap) -- The South Korean won fell against the U.S. dollar Thursday as the United States and Iran wrangled over the terms of a two-week ceasefire in their monthlong conflict.
The won opened at 1,480.6 per dollar, down 10 won from the previous session's close.
The local currency spiked to a one-month high Wednesday after U.S. President Donald Trump said he had agreed to refrain from attacking Iran for two weeks on condition that Iran reopens the Strait of Hormuz.
Tehran also agreed to the reopening of the crucial waterway, provided that attacks against Iran are halted.
But overnight, tensions in the Middle East persisted, with Israel vowing to continue its offensive against Lebanon, stressing that the country is not subject to the ceasefire agreement.
Iran also threatened that it may again close the Strait of Hormuz, citing Israel's attacks on Lebanon.
The United States and Iran are set to sit together to formalize their terms of the ceasefire over the weekend.
The dollar index, which measures the U.S. dollar against a basket of six major currencies, rose 0.040 to 99.06.
The conflict, which began in late February following U.S.-Israeli strikes on Iran, has escalated into a broader regional confrontation, rattling global markets and driving up oil prices, as the Strait of Hormuz has effectively been shut.
Officials work at the dealing room of Hana Bank in Seoul on April 9, 2026. (Yonhap)
sam@yna.co.kr
(END)
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Korean won slides as U.S., Iran spar over ceasefire terms

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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- Officials work at the dealing room of Hana Bank in Seoul on April 9, 2026. (Yonhap) sam@yna.co.kr (END) Keywords #Korean currency #volatility Articles with issue keywords Most Liked (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho BTS tops Spotify weekly charts for 2nd week with new album 'Arirang' Lee voices hope for peace in Easter message Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Implications
- Iran also threatened that it may again close the Strait of Hormuz, citing Israel's attacks on Lebanon.
- Officials work at the dealing room of Hana Bank in Seoul on April 9, 2026. (Yonhap) sam@yna.co.kr (END) Keywords #Korean currency #volatility Articles with issue keywords Most Liked (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho BTS tops Spotify weekly charts for 2nd week with new album 'Arirang' Lee voices hope for peace in Easter message Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Expert Commentary
This article covers iran, korean, korea topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 500.