On the 3rd, the won-dollar exchange rate closed at 1,124.0 won, up 11.7 won
[Asia Economy Reporter Kim Eunbyeol] On the 3rd, the KRW-USD exchange rate closed at 1,124.0 won, up 11.7 won, in the Seoul foreign exchange market.
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The overall strength of the dollar, driven by improvements in U.S. economic indicators, appears to have pushed the KRW-USD exchange rate higher. This is the first time in 14 trading days that the exchange rate has closed in the 1,120 won range since the 13th of last month (1,125.9 won).
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