Thursday, March 30, 2017

Won / dollar exchange rate closed the third day rise 1117.2 Won



[Korea Selected financial newspaper reporters KRW / USD rate closed three days continuously rising.

30 days the won / dollar rate in the foreign exchange market in Seoul has finished the transaction on the original dollar rose 3.0 1117.2 won. The won / dollar exchange rate showed a slight fluctuation opened three years to 2.2 won from 1112.0 won from the previous trading day.

In the day, Charles Evans, the US Federal Open Market Committee, the Chicago Federal Reserve Bank President (FOMC) monetary speeches of members followed this remark that supported the US rate hike.

Currency report released ahead of next month's US Treasury has also appeared wary. The day the National Assembly Planning and Finance, Bank of Korea Governor Lee Ju-yeol in the Committee work report, said US Treasury Secretary in the G20 (G20) meeting to emphasize the transparency of the international exchange rate policy, he said said "should be a little bit boundaries.

Ryu Ilho economy, Deputy Prime Minister and Minister of Strategy and Finance in the day described above meeting that say "when changing exchange rate will inevitably require the action" is interpreted as a stimulus dollars buying.

Daily Economic News Finance FNTIMES - commercial reprint, copy, distribute prohibited purposes under the Copyright Act
Copyright ⓒ Korea's Financial News & FNTIMES.com