The Yuan/dollar Exchange Rate Decreased by 13.2 Won to 1,331.4 Won (Base Price at 15:30)

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The won-dollar exchange rate against the US dollar stood at 1,341.5 won around 9 a.m. on the 16th. This represents a decrease of 3.1 won (0.23%) from the previous day's weekly closing price. Forecasts suggest the exchange rate could fall below 1,340 won today. This is because the dollar may weaken as US Treasury yields decline. In particular, the strengthening of the Japanese yen—a representative Asian currency (falling yen-dollar exchange rate)…