S. Korean currency rebounds from 17-yr low on hopes for Middle East de-escalation | Yonhap News Agency

## Summary
OK SEOUL, March 24 (Yonhap) -- The South Korean won gained sharply against the U.S. dollar Tuesday, recovering from a 17-year low in the previous session, after U.S. On Monday (U.S. time), Trump said he ordered a five-day postponement of threatened strikes on Iranian energy facilities, citing "constructive" discussions on ending the war in the Middle East. President Donald Trump waves after arriving on Air Force One at Joint Base Andrews in Maryland on March 23, 2026, in this AP photo. (Yonhap) graceoh@yna.co.kr (END) Related Articles (2nd LD) Korean won hits 17-yr low as Iran crisis escalates (4th LD) Trump puts off strikes on Iran power plants, says U.S., Iran want to make deal (LEAD) Seoul stocks open sharply higher on hopes of easing tensions in Mideast Keywords #Korean currency Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East 'BTS: The Return' captures brotherhood under 'heavy crown': director (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees 'BTS: The Return' captures brotherhood under 'heavy crown': director Most Viewed All Categories (LEAD) Lee stresses self-reliant defense, citing 'very complex' global situation U.S. soldier booked for assaulting S. Korean currency rebounds from 17-yr low on hopes for Middle East de-escalation Next S.

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SEOUL, March 24 (Yonhap) -- The South Korean won gained sharply against the U.S. dollar Tuesday, recovering from a 17-year low in the previous session, after U.S. President Donald Trump delayed planned strikes on Iranian energy infrastructure amid talks to end the conflict.
The won opened at 1,490.9 per dollar, up 26.4 won from the previous session's 1,517.3 won.
Monday's level marked the weakest since March 9, 2009, when the won fell to 1,549 during the global financial crisis.
The domestic and global foreign exchange and stock markets have experienced heightened volatility as U.S.-Israeli strikes on Iran that began late last month have escalated into a broader regional conflict.
On Monday (U.S. time), Trump said he ordered a five-day postponement of threatened strikes on Iranian energy facilities, citing "constructive" discussions on ending the war in the Middle East.
Earlier, Trump had warned that the U.S. would "obliterate" Iran's power plants unless Tehran lifted its blockade of the Strait of Hormuz within 48 hours, with the deadline expiring late Monday.
The Strait of Hormuz has been effectively shut since the start of the conflict, disrupting global oil supplies.
U.S. President Donald Trump waves after arriving on Air Force One at Joint Base Andrews in Maryland on March 23, 2026, in this AP photo. (Yonhap)
graceoh@yna.co.kr
(END)
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S. Korean currency rebounds from 17-yr low on hopes for Middle East de-escalation

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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- President Donald Trump waves after arriving on Air Force One at Joint Base Andrews in Maryland on March 23, 2026, in this AP photo. (Yonhap) graceoh@yna.co.kr (END) Related Articles (2nd LD) Korean won hits 17-yr low as Iran crisis escalates (4th LD) Trump puts off strikes on Iran power plants, says U.S., Iran want to make deal (LEAD) Seoul stocks open sharply higher on hopes of easing tensions in Mideast Keywords #Korean currency Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East 'BTS: The Return' captures brotherhood under 'heavy crown': director (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees 'BTS: The Return' captures brotherhood under 'heavy crown': director Most Viewed All Categories (LEAD) Lee stresses self-reliant defense, citing 'very complex' global situation U.S. soldier booked for assaulting S.

### Implications
- President Donald Trump waves after arriving on Air Force One at Joint Base Andrews in Maryland on March 23, 2026, in this AP photo. (Yonhap) graceoh@yna.co.kr (END) Related Articles (2nd LD) Korean won hits 17-yr low as Iran crisis escalates (4th LD) Trump puts off strikes on Iran power plants, says U.S., Iran want to make deal (LEAD) Seoul stocks open sharply higher on hopes of easing tensions in Mideast Keywords #Korean currency Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East 'BTS: The Return' captures brotherhood under 'heavy crown': director (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees 'BTS: The Return' captures brotherhood under 'heavy crown': director Most Viewed All Categories (LEAD) Lee stresses self-reliant defense, citing 'very complex' global situation U.S. soldier booked for assaulting S.
- Korean defectors from near Punggye-ri nuclear test site show chromosome mutations: data (LEAD) N.

### Expert Commentary
This article covers korean, seoul, won topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 536.