'Gradual interest rate hikes, the won / dollar exchange rate closed

[South Korea's Choice Financial newspaper reporter] expected future trend of gradually raising interest rates the Federal Reserve (Fed) interest rate hike in two months as the won / dollar exchange rate fell even closed.

The won / dollar rate from 16 Seoul foreign exchange market was closed at 1132.0 won fell 11.6 won compared to the previous trading day. The won / dollar exchange rate was down 13.6 won to 1130.0 won the opening compared to the previous trading day.

Through the day dawn Federal Open Market Committee (FOMC) Federal Reserve members have raised 0.25 percentage points to 0.50 ~ 0.75% per annum benchmark rate to 0.75 ~ 1.00%. In the foreign exchange market, but already it has been expended in the future anticipated interest rate hikes interest rate outlook than two months.

According to jeomdopyo (dot plot) showing the future prospect of the Fed interest rate committee, adding twice, and each goes next year to raise interest rates three times in 2019 by the so-called "3-3-3" in December last year compared to this year's changes raise there was not.

'Gradual' rate is expected to raise interest rates while the US dollar has poured on profit disappointed the market. This was another factor limiting foreign exchange rate viscosity of buying persists in the domestic stock market. In foreign markets, we have a number of about 3 trillion won deuleoseoman two months.

The Bank of Japan (BOJ) is the benchmark rate over the day monetary policy decision meeting the minus (-) 0.1%, but the freeze was already expected doejin has a variable content.

International Finance Centre predicts that 16 days 'will be aware of the possibility of expanding the volatility of global capital flows in the process of normalization of US monetary policy in earnest' 'March FOMC interest rate hikes recovery confidence' in the report.

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