Soaring won-dollar exchange rate boon for tourists to Seoul, bane for Korean students in US
The strengthening of the U.S. dollar against the Korean currency — nearing the 1,400 won mark — is having varying effects on different people. While tourists and expatriates in Korea welcome the bolstered greenback, Koreans studying in the U.S. or working abroad and receiving their paychecks in Korean won are encountering difficult times.