[이코노믹리뷰=박창민 기자] The global dollar’s appreciation was showing signs of calm and the won-dollar exchange rate started to decline.
On the 10th, the won-dollar exchange rate is trading at 1136.75 won, down 3.55 won from the closing price (1140.3 won) on the previous trading day at 9:10 am. The market started at 1136.5 won and has fluctuated from 1136.0 won to 1137.4 won. If the market price falls below the closing price on the previous trading day, it is only 8 trading days since the 25th of last month.
The reason why the exchange rate has slowed is analysis that the global dollar’s appreciation, such as a fall in the US 10-year Treasury bond yield, has shown a calming effect.
The dollar index, which represents the value of the US dollar against the currencies of six major countries, fell 0.38% from the battlefield to 91.96 as of 6:10 pm on the 9th (local time). The 10-year US Treasury bond yield fell 0.019 percentage points (p) to 1.525%.
In a daily exchange rate trend report released on the day, the Korea International Trade Insurance Corporation said, “As the interest rate rises in the 10-year Treasury bond fell to an early 1.5% level, the risk aversion sentiment eased.” It is expected that the two feelings will recover, which will have a favorable effect on the decline in the exchange rate. Successive overseas ship orders, such as Korean shipbuilding and offshore orders of 835 billion won, are also expected to contribute to the decline in the exchange rate,” he predicted.