Tuesday, April 25, 2017

North Korea risks, the won / dollar exchange rate trading power line 1130



[Korea Selected financial newspaper reporters] to NK founding days 25 days the won / dollar rate is starting elevation is trading at 1,130 won line.

The 25th Seoul foreign exchange market 11:23 a.m. today won / dollar exchange rate on the dollar is trading at 1132.10 won rose 2.6 won from the previous trading day. The won / dollar rate was 5.1 won the right to open 1135.0 won per dollar than the previous day closing price.

NK founding day falls on the foreign exchange market has been observed to be affected by whether the possibility of North Korea's ballistic missile and nuclear tests.

Weak dollar according to the French presidential election results were reflected in the previous day. 23 (local time) built the Mark Long confirmed candidate and the candidate Le Pen of the far-right National Front party, is a finalist in the French presidential election next month, the 7th primary vote centrist Party of Mar en crochet.

Kim Yumi Kiwoom Economist predicts a 'when considering the negotiated volume - taking in exporters due to the weakening of preference for safe assets and the end of the day showed a weaker dollar as a strong euro will continue the downward pressure on the US dollar / won exchange rate.

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