On the 12th, the USD-KRW exchange rate closed at 1,203.8 won, up 7.4 won
[Asia Economy Reporter Kim Eun-byeol] On the 12th, the KRW-USD exchange rate closed again in the 1200 won range after four trading days.
On that day, in the Seoul foreign exchange market, the KRW-USD exchange rate closed at 1,203.8 won per dollar, up 7.4 won from the previous day's closing price. The exchange rate rose for the second consecutive day, returning to the 1200 won range for the first time in four days since the 8th of this month (1,204.8 won).
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Fear of the resurgence of the novel coronavirus infection (COVID-19) rapidly dampened risk asset preference sentiment, such as for emerging market currencies.
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