NH Securities: "Won/Dollar Exchange Rate Could Fall to Low 1,300 Won Range in the Short Term"

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The won-dollar exchange rate against the US dollar stood at 1,358.3 won around 10 a.m. on the 4th. This is down 1 won (0.07%) from the previous day's weekly closing price. The exchange rate has been showing an upward trend since recording 1,356.3 won at 9 a.m. today. Forecasts suggest the rate will fluctuate in the 1,350 won range today. The rate closed the week at 1,359.3 won yesterday, marking its lowest level in 14 months, and this

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Jeong Hoe-in = On the 4th, NH Investment & Securities predicted that as the recent downward trend in the won/dollar exchange rate continues, the rate could fall to the low 1,300 won range in the short term...

rionegro.com.ar

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The beginning of September confirmed a scenario of marked exchange rate and financial stability in the local square. In contrast to forecasts that anticipated a jump in contributions towards the end of the year, the compression of the financial dollars below $1,600, the official wholesale exchange rate anchored around the...

asiae.co.kr

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In the Seoul foreign exchange market on the 4th, the won-dollar exchange rate recorded 1,350.4 won as of 3:30 p.m., down 8.9 won from the previous trading day.