Wednesday, March 22, 2017

Won / dollar exchange rate, the rise starting 1124 won deals



[Korea Jeongseon financial newspaper reporters KRW / USD rate is rising.

Won / dollar exchange rate in the foreign exchange market is trading on 22 days 10:21 a.m. right now 1124.00 won per dollar spent 4.5 won from the previous trading day. The won / dollar exchange rate widened the rising behind a wide open 1122.5 won rose 2.2 won from the previous day.

The won / dollar rate rose slightly last 14 days deadline from 20 to 28 won more than four days, and show a weak dollar tumbled the previous day (21) to. This can be interpreted as the US Federal Reserve suggests a gradual increase of interest rates (Fed), Donald Trump's administration trade policies affect.

Meanwhile, the day the Minister of Strategy and Finance President yuilho Deputy Prime Minister is 'do not see a major problem over the volatility is not too large, recent won appreciation related in a meeting with future economic relations ministerial meeting journalists' exchange rate will be determined in the market, "said High He said.

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