Tuesday, March 14, 2017

US FOMC imminent won / dollar exchange rate closed



[South Korea's Choice Financial newspaper reporter] had won / dollar rate rises had plunged the day before closing 13 won.

14 days in the Seoul foreign exchange market, the won / dollar exchange rate closing price finished the trading at 1148.8 won rose 4.4 won from the previous trading day. The won / dollar rate was 4.0 open source right 1148.4 won from the previous day.

The Federal Open Market Committee (FOMC) meeting, 14 to 15 of the imminent as (local time), the US dollar has showed the major currencies against the strong yen, the euro, including by dragging the won / dollar exchange rate of the Federal Reserve (Fed) to determine the US base rate the pool is to be raised.

Over 400 billion won respectively the second day buying foreign stocks, negotiated exporters (USD selling) volume is a limiting factor dwaetjiman the exchange rate, the foreign exchange market shut down for 30 minutes before the won / dollar exchange rate rose nearly 2.8 won.

International financial center "is FOMC March rate hike outlook prevails' Week International Finance Key Issues and Prospects' report on the said and 'comments influenced Trump economic policies of this year interest rate hike path, yelreon Fed chairman will be the points of interest He said.

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