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USD-KRW Falls to 1,489.10 on July 15 as U.S. CPI Misses Forecast, Weakens Dollar

2026-07-15 02:30:25

According to data from the U.S. Labor Department, the dollar-won exchange rate fell 3.90 won to 1,489.10 won as of 9:15 a.m. on July 15, driven by a weaker dollar following softer-than-expected U.S. inflation data. The U.S. Consumer Price Index (CPI) dropped 0.4% month-on-month in June, well below the market forecast of negative 0.1% and marking the largest decline since April 2020. The softer CPI data eased expectations of additional Federal Reserve tightening, while the Korean won strengthened ahead of the Bank of Korea's monetary policy decision. The dollar index slipped to 100.88.

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