Won-Dollar Exchange Rate Closes at 1355.9 Won... Highest in 2 Months
On the 14th, the won-dollar exchange rate in the Seoul foreign exchange market closed at 1,355.9 won, up 6.4 won from the previous trading day as of 3:30 PM.
Based on the weekly closing price, this is the highest level in about two months since August 16th (1,357.6 won).
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With the dollar showing strength in the global foreign exchange market, supply and demand factors such as payment demand from importers (dollar purchases) are analyzed to have increased the extent of the exchange rate rise.
This content was produced with the assistance of AI translation services.
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