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USD/KRW Rises to 1,487.15 Overnight as U.S.-Iran Military Conflict Escalates

Forex Commodities

2026-07-18 00:23:16

According to overseas brokers, the USD/KRW 1-month non-deliverable forward (NDF) rate rose to 1,487.15 won (mid-price) overnight on July 18, up 9.50 won from the previous Seoul forex market spot close of 1,478.50 won after accounting for swap points. The bid was set at 1,487.00 won and the ask at 1,487.30 won. The escalation marks the seventh consecutive day of military clashes between the U.S. and Iran, adding upward pressure on the won. The U.S. Central Command conducted airstrikes on Iran on July 17, while the Iranian Revolutionary Guard Corps (IRGC) warned that U.S. entities could become targets. Brent crude futures climbed nearly 4% to $88.05 per barrel, the highest in over a month.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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US Dollar-Won 1-Month NDF Falls to 1,479.20 Won on July 17

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In-Depth Analysis

USD-KRW Rate Surges 12.80 Won on US-Iran Tensions and Oil Price Jump

Lucas Bennett4h ago

USD-KRW Falls to 1,478.50 Won on Yen Strength During Holiday Trading

Lucas Bennett16h ago

USD-KRW NDF Declines to 1,479.20 Won After BOK Rate Hike

Lucas Bennett07-17 00:24

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