[KHExplains] What falling won means for Korea

진행자: 김혜연, Kevin Lee Selzer

The Korean won continues to struggle with sharp devaluation against the dollar as the country is pressured by rising tensions in local politics and the reshaped global trade environment.

struggle with ~으로 고심하다, 씨름하다

tension (필요·이해의 차이로 인한) 긴장[갈등]

On Friday, the won's value against the greenback touched 1,486.7 won during intraday trading. It was the first time the won-dollar exchange rate had hit the 1,480 won bar in nearly 16 years since reaching 1,488.5 won on March 16, 2009, amid the global financial crisis.

greenback (미국 달러의) 지폐

intraday 하루 동안에 일어나는 (일중)

The weakening of the Korean won puts pressure on import prices, including energy. For Korea, a country heavily dependent on energy imports, this leads to higher prices of all goods. Higher prices lead to reduced domestic consumption, weighing the economy down.

dependent on …에 의존하고 있는.

weigh down ~을 짓누르다

Under such circumstances, consumer price growth, which in the past three months has stabilized at the 1 percent range, could spike -- putting pressure on the Bank of Korea to cut its policy rate, which currently stands at 3 percent. While the central bank projected consumer prices to rise by 2 percent next year, the strong dollar could agitate the growth.

project 예상[추정]하다

agitate (마음을) 뒤흔들다[불안하게 만들다]

기사원문: https://www.koreaherald.com/article/10032974

[코리아헤럴드 팟캐스트 구독]

아이튠즈(아이폰):https://itunes.apple.com/kr/podcast/koliaheleoldeu-paskaeseuteu/id686406253?mt=2

네이버 오디오 클립(아이폰, 안드로이드 겸용): https://audioclip.naver.com/channels/5404

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