Korean Won Hits 15-Day High Against US Dollar on Foreign Inflows
5 Articles
5 Articles
Korean won hits 15-day high against US dollar on foreign inflows
The Korean won extended gains to its strongest level in 15 days against the U.S. dollar Thursday, as foreign investors remained net buyers of local stocks. The won was quoted at 1,330.7 won per dollar at 3:30 p.m., up 2.9 won from the close of the previous stock trading session. At one point in afternoon trading, the won rose to a high of 1,327.7 won per dollar, marking the strongest level since Oct. 28. The won's advance was also supported by l…
(Seoul=Yonhap News) Reporter Lee Do-hun = The won/dollar exchange rate is 1,320 won during the day due to net purchases of foreign stocks due to exporters' dollar sales and increased risk appetite...
The won-dollar exchange rate against the US dollar stood at 1,336.4 won at 9:00 AM on the 12th. This is an increase of 2.8 won (0.2%) compared to the weekly closing price of the previous trading day. Forecasts suggest the exchange rate could rise today, as the dollar remains strong globally. The dollar index, which measures the value of the dollar against the currencies of six major countries, stood at 102.91 today. The dollar index 10
S. Korean won hits 15-day high against U.S. dollar on foreign inflows
SEOUL, Nov. 12 (Yonhap) -- The South Korean won extended gains to its strongest level in 15 days against the U.S. dollar Thursday, as foreign investors remained net buyers of local stocks.The won was quoted at 1,330.7 won per dollar at 3:30 p.m., up
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