The Korean won is once again weakening against the U.S. dollar after a temporary rebound sparked by aggressive verbal intervention from monetary authorities in late December, according to market analysts, Tuesday. The won closed at 1,473.7 per dollar, Tuesday, down 5.3 percent from the previous day and moving back toward the 1,480-level it had hovered around before the Dec. 24, 2025, intervention — a level that reflected volatility similar to past financial crises. The intervention measure led to a sharp rebound, with the won gaining 33.8 won, strengthening from 1,483.6 to 1,449.8 per dollar — its largest one-day gain in more than three years. The won-dollar exchange rate stabilized over the next two sessions — Dec. 26 and Dec. 29 — reaching 1,429.8 won per dollar. Beginning on Dec. 30, however, it resumed an upward trajectory, breaching the 1,430, 1,440, 1,450, and 1,460 levels before returning to 1,470 per dollar, Tuesday. Economists and analysts said the government’s foreign exchange measures have yet to show a clear effect and that authorities should be cautious with further