Won/dollar exchange rate closes up by 7 won… Again 1,130 won

(Seoul = Yonhap News) Reporter Seong Seo-ho = On the 19th, the won/dollar exchange rate rose by about 7 won and rose again to the 1,130 won level.

On this day, the won/dollar exchange rate in the Seoul foreign exchange market ended at 1,130.6 won per dollar, up 6.9 won from the previous day’s closing price.

The exchange rate started at 1,128.7 won, up 5.0 won, and once rose to 1,134.3 won.

As the US Treasury bond rate broke through the 1.7% level, the exchange rate rose as sentiment for risky assets declined.

Despite the plan to maintain the easing stance of the US Federal Reserve System (Fed and Fed), expectations that the economic recovery and inflation rate will accelerate has raised long-term interest rates again.

However, in the afternoon, the rise in the US Treasury bond rate in the Asian market subsided, and the rate of the exchange rate declined slightly.

Baek Seok-hyun, a researcher at Shinhan Bank, said, “The rate of US Treasury bonds rose a lot and the exchange rate rose.” “He explained.

He also added, “The market is also paying attention to the high-level US-China talks that continue until the 20th Korean time,” he added.

The United States and China entered a high-level talks in Alaska on the 18th (local time) in an extremely cold atmosphere.

As the first high-level face-to-face meeting between the two countries after the inauguration of the Joe Biden administration, the two sides unveiled a war from the first day of the meeting.

On this day, the KOSPI closed down 0.86%. In the securities market, foreigners net sold more than 500 billion won.

The KRW/JPY financial exchange rate is 1,039.01 KRW per 100 yen at 3:30 pm. The previous day at 3:30 pm, it rose 6.91 won from the base price (1,032.10 won).

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2021/03/19 15:42 sent