[South Korea's Choice Financial newspaper reporter] fell last month won / dollar exchange rate is accompanied by import prices and export prices.
According to the Bank of Korea announced 14 days 'import and export price indices in February 2017', last month import price index (2010 = 100, KRW) Provisional fell 2.2 percent in January (84.98) to 83.12. The people declined to pay the import price index show an upward trend which is only six months since last August.
Can be interpreted as the average of international oil prices by 1.3% in February olratji 10 000 won / dollar exchange rate due to a 3.4% plunge in January than in 1144.92 won (1185.1 won). Trump, the US administration's protectionist move has led a weak dollar.
The Bank of Korea explained that "import prices fell last month despite the impact of the won / dollar exchange rate in international oil prices.
February export price index also fell by 85.96 delivered by the won / dollar exchange rate effect of 1.6% compared to. Import and export price index rose consecutive five months also showed naerimse month.
However, looking at the import and export prices both climbed into the contract currency basis. Import prices rose in February by 0.9% than the forwards, export prices rose 1.6%
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