Tuesday, April 11, 2017

"North Korea risks" gyeonggyegam ... KRW / USD rate closed



[Korea Selected financial newspaper reporters - ended Rising receive the won / dollar exchange rate affect the geopolitical risks.

11 days the won / dollar rate in the foreign exchange market in Seoul is finished trading at 1145.8 won rose 3.6 won from the previous trading day. The won / dollar exchange rate dwaetjiman after a downturn in the open 1142.5 won, up 0.3 won again rise.

A situation which has led the Korean won depreciation risk in the foreign exchange market. Last 9 (Reuters) - The United States has decided to deploy an aircraft carrier Calvin Davidson shear, such as the North Korean nuclear threat two euros a peninsula near the sea. Before North Korea launched a ballistic missile from 1 to donghaesang last five days ahead of a US-China summit. Won / dollar exchange rate over the past five trading days rose nearly 27 won.

FSS is the 11th "is showing equity and exchange rates, financial markets generally stable without agitation form such that interest rates are showing a neutral foreign capital inflows in the capital market" in Korean geopolitical risks related to urgent market inspection meeting and diagnostics did.

However, geopolitical issues impact has been observed to last for several days.

Kyobo Securities economist Dong-Min Lim explained, "Trump after the presidential election, North Korea had a missile fired four times, saying," There is a possibility to enforce such provocative actions Kim Ilseong's birthday in the week.

On the other hand, it has continued even further policy rate hike outlook in the United States. Day Fed Chairman Janet Yellen (Fed) is in a speech Wednesday at the University of Michigan have suggested that the 'need to have a little injection of the fuel, but there is no need to step on the pedal hard, "he said" gradually raise interest rates "desirable.

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