'FOMC Exit the won / dollar rate fell 1.1 won Deadline

[Korea Jeongseon financial newspaper reporters KRW / USD rate has dropped slightly closed.

17 at the Seoul foreign exchange market, the won / dollar exchange rate closing price finished the trading day before the deal fell 1.1 won compared to 1130.9 won. The won / dollar exchange rate was down 2.0 won to 1130.0 won the opening.

As the day before the US Federal Open Market Committee (FOMC) is expected to raise interest rates in the Sudan, as the impact of the big event, finishing is interpreted as reflected in the foreign exchange market.

In the domestic stock market Foreigners are buying that day was 250.8 billion won. Foreign buying of this month is more than 3 trillion.

Dovish Hike 'rating rebound' report 'on March FOMC' international financial center, the Federal Reserve (Fed) almost raise the policy rate as expected in the March FOMC, while focusing on palliative message delivered via a press conference concerns about the rapid interest rate hikes were dropped, and evaluation.

International Finance Centre predicts that "this year will have to pay attention to the remarks of Fed policy rate hikes gotta HR lead three times reduction is recognized for the difference between the market and the US Federal Reserve interest rate hike path that is recognized as progressive future."

Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com