Exchange Rate Closes Lower at 1,193.8 Won
[Asia Economy Reporter Jang Sehee] On the 13th, the won-dollar exchange rate closed lower in the late 1193 won range.
On that day, in the Seoul foreign exchange market, the won-dollar exchange rate closed at 1193.8 won per dollar, down 5.0 won from the previous day's closing price.
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The exchange rate started trading at 1199.0 won, up 0.2 won, and at one point fell to 1193.1 won. It appears that risk-averse sentiment weakened somewhat following news that the U.S. federal government avoided a default crisis.
This content was produced with the assistance of AI translation services.
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