Input 2021.03.19 16:33
On the 19th, the won-dollar exchange rate in the Seoul foreign exchange market ended at 1130.6 won per dollar, up 6.9 won from the previous day’s closing price. The exchange rate on this day started from 1128.7 won, which rose by 5.0 won, and rose to 1134.3 won at one time, but it fell slightly in the afternoon.
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 is raising 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.
On the same day, KOSPI finished trading at 3039.53, down 26.48 points (-0.86%) from the previous trading day, due to a rise in U.S. Treasury bond interest rates and a plunge in international oil prices. Foreigners in the securities market net sold more than 500 billion won.
Baek Seok-hyun, a researcher at Shinhan Bank, said, “As the US Treasury bond rate rose, the exchange rate also rose.” “He explained.
The results of the high-level talks between the US, China and Alaska, which began on the 18th (local time) and continues until the 20th, are also expected to affect the future exchange rate. As the first high-level face-to-face meeting between the two countries after the inauguration of the Joe Biden administration, the two sides had a slander at the meeting on the first day.