Wednesday, March 22, 2017

Won / dollar exchange rate, narrowed geuprakse 1123.3 won rose deadline



[Korea Jeongseon financial newspaper reporters] were weak dollar yieojyeotdeon the won / dollar rate rises finish.

Won / dollar exchange rate in the foreign exchange market ended the 22nd chapter to 1123.3 won per dollar, up 3.0 won from the previous trading day closing price. The won / dollar exchange rate was 1128 won once also look at the solemn opening of 2.2 won to 1122.5 won rose compared to the previous trading day.

This allows the last 14 to 20 days plunged more than 28 won for four days until the day before (21) the won / dollar was slightly higher closing rate rose a second day.

This is regarded as a factor strengthening won the US Federal Reserve (Fed) policy suggests palliative, European political uncertainties eased, South Korea currency manipulator specify the concerns of the US Treasury, and foreign capital inflows and current account surpluses.

Day, the Minister of Strategy and Finance President yuilho Deputy Prime Minister are relevant recent won appreciation from meeting with future conferences Economic Relations Minister journalist digits saying 'rate is determined in the market' does not see a major problem over volatility is not too big, "he said balhigido .

Whether type Shinhan Investment Corp. economist 'short term in April is likely to have about $ flows lead to the US Treasury Currency report released gyeonggyegam' said 'just the beginning of the year after when compared against the dollar jeolsangryul of major currencies, the won gotta 7.8% appreciation similar economic structure Taiwan dollar (5.5%) and attacked a currency manipulator Chinese renminbi (0.7%) compared to lower the level burden of the appreciation wide transition to the won / dollar rate plunged sticky flow is expected with a 'high predicted.

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