Won/dollar exchange rate, 0.5 won up to 1,107.9 won

US dollar
US dollar

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(Seoul = Yonhap News) Reporter Da-hye Kim = On the 23rd, the won/dollar exchange rate ended slightly.

On this day, the won/dollar exchange rate in the Seoul foreign exchange market ended at 1,107.9 won per dollar, up 0.5 won from the previous day’s closing price.

The exchange rate started at 1,109 won per dollar, a 1.6 won increase from the previous day in the atmosphere of decline in preference for risky assets due to concerns about the spread of a new coronavirus infection (Corona 19) variant virus.

It climbed to 1,110.5 won at the beginning of the market, but then moved back around 1,109 won and lowered the level to 1,107 won in the second half of the market.

US President Donald Trump suggested that he would not sign the $900 billion (about 1,000 trillion won) stimulus package passed through Congress, but it did not significantly affect the exchange rate.

Samsung Futures researcher Jeon Seung-ji said, “It seems that the recent weakening of the dollar’s strength in the afternoon was caused by a technological reversal due to the recent surge in the exchange rate.”

On that day, the KOSPI rose 0.96% and the KOSDAQ closed 0.6%.

Foreigners net bought about 83.4 billion won in the securities market and 174.4 billion won in the KOSDAQ market.

The KRW/JPY financial exchange rate is 1,070.85 KRW per 100 yen at 3:30 pm. It rose by 0.02 won from the standard price (1,070.83 won) at 3:30 pm the previous day.

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