"Approximately $ 'won / dollar exchange rate, elevated lines closed switch 1120

[Korea Jeongseon financial newspaper reporters KRW / USD rate was slightly higher finish in five days.

21 at the Seoul foreign exchange market, the won / dollar exchange rate ended the trading at 1120.3 won rose 0.2 won from the previous trading day closing price. The won / dollar exchange rate, but opened the previous trading year fell 6.1 won KRW 1114.0, intraday flows and offshore investors buying this decline was reduced.

KRW / USD plummeted over the last 14 to 28 won for four days from 20 days and until the day before showed a weak dollar.

Yelreon Federal Reserve (Fed) chairman last 16 (Korea time), the Federal Open Market Committee (FOMC) March Finance Ministers held at the then carried out a rate hike point suggesting a "gradual interest rate hikes," another Germany, Baden-Baden last weekend in · "to reject protectionism 'central bank governors meeting in the wording of the joint Declaration in three years for removal from the US side opposed to trade protectionism Trump administration concerns can be interpreted as being a material point is re-emerging.

Steady foreign buying in the domestic equity market also has been mentioned as a favorable environment for strengthening won.

International Finance Centre predicts that "day international finance major issues and prospects '' gather interested in since January in 23 days Washington conference speech coming of yelreon Fed Chairman 3 The Federal Open Market Committee (FOMC) interest rate hike policy direction stated" on the report.

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