Won-Dollar Exchange Rate Falls Back in One Day... Closes at 1084.8 Won (Comprehensive)

On the 9th, the KOSPI opened at 2,703.30, up 2.37 points (0.09%) from the previous trading day, as employees worked in the Hana Bank dealing room in Jung-gu, Seoul. In the foreign exchange market, the won-dollar exchange rate started at 1,085.0 won, down 0.4 won from the previous trading day. Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Jang Sehee] On the 9th, the won-dollar exchange rate closed lower after a day of decline.

In the Seoul foreign exchange market on this day, the won-dollar exchange rate closed at 1,084.8 won per dollar, down 0.6 won from the previous day's closing price.

The exchange rate started at 1,085.0 won, down 0.4 won, and gradually widened its decline around noon, linked to the strengthening yuan.

During the session, it briefly fell to 1,081.2 won, nearly breaking the 1,080 won level, but recovered the losses before the market closed. This was due to the won-dollar exchange rate being linked to the yuan's movements.

The KOSPI surged 2.02% on the day, rebounding after a day. Foreign investors, who had net sold about 840 billion won the previous day, net bought about 160 billion won on this day.

The won-yen recalculated exchange rate was 1,041.62 won per 100 yen as of 3:30 PM. This was down 1.58 won from the previous day's 3:30 PM reference price (1,043.20 won).

This content was produced with the assistance of AI translation services.