[Korean Won Closes Below 1,500 Against the US Dollar, Hitting a New Low Since the Financial Crisis] Reported by Jinse Finance, due to the dual impact of escalating tensions in the Middle East and a surge in oil prices, the exchange rate of the Korean Won against the US Dollar closed below the 1,500 Won threshold on the 19th in the Seoul foreign exchange market, marking a new low since the financial crisis. After the forex market opened that day, the Korean Won weakened significantly against the US Dollar, dropping 21.9 Won at the opening to hit a low of 1,505.0 Won. The exchange rate then saw a brief rebound, climbing to 1,494.5 Won around 11:34 a.m., but the depreciation widened again afterward.