Won/dollar exchange rate, down 4.9 won to 1,103 won in the atmosphere of risk preference

Won and dollar exchange rate decline (PG)

picture explanationWon and dollar exchange rate decline (PG)

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On the 24th, the won/dollar exchange rate closed down.

On that day, the won/dollar exchange rate in the Seoul foreign exchange market closed at 1,103 won per dollar, down 4.9 won from the previous day’s closing price.

The exchange rate started at 1,106 won, down 1.9 won from the previous day in anticipation that the UK and the European Union (EU) are about to conclude negotiations on future relations including a trade agreement.

The fact that the US decided to additionally supply 100 million doses of Pfizer’s new coronavirus infection (Corona 19) vaccine by the end of July next year also stimulated the sentiment of preference for risky assets.

The won/dollar exchange rate showed a modest downtrend, then fell down around lunchtime and lowered the level to 1,101.6 won.

The KOSPI broke the 2,800 line for the first time in history and ended at 2,806.86, up 1.7% from the previous day.

Foreigners net purchased 111.7 billion won in the securities market and 32.3 billion won in the KOSDAQ market.

Seungji Jeon, a researcher at Samsung Futures, said, “The dollar has reverted to the recent rise in the international foreign exchange market and the KOSPI also hit a record high.” Seems to be,” he said.

The KRW/JPY financial exchange rate is 1,064.93 KRW per 100 yen at 3:30 pm. It was 5.92 won from the standard price (1,070.85 won) at 3:30 pm the previous day.

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