Yonhap Infomax NewsFeb 4
The dollar-won exchange rate is poised to test the mid-1,450s as risk-off sentiment from a tech-led selloff in global equities and strong custodial dollar demand drive the rate higher, with dealers projecting a range of 1,444.00–1,460.00 won.
#YonhapInfomax #DollarWon #ExchangeRate #KOSPI #CustodialDemand #TechSelloff #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=103745
[Today's Forex Dealer Expected Exchange Rate Range]Dollar-Won Rate Seen Testing Mid-1,450s as Tech Selloff Spurs Risk-Off Mood

The dollar-won exchange rate is poised to test the mid-1,450s as risk-off sentiment from a tech-led selloff in global equities and strong custodial dollar demand drive the rate higher, with dealers projecting a range of 1,444.00–1,460.00 won.

Yonhap Infomax
Yonhap Infomax NewsNov 21
The dollar-won exchange rate surged to a seven-month high of 1,475.60, driven by heavy foreign selling in South Korea's stock market and strong custodial dollar demand, as the KOSPI plunged 3.79% and authorities signaled limited intervention.
#YonhapInfomax #DollarWon #ForeignInvestors #KOSPI #ExchangeRate #CustodialDemand #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91985
[Seoul Foreign Exchange Market Closing]Dollar-Won Hits 7-Month High on Heavy Foreign Stock Selling—Closes at 1,475.60

The dollar-won exchange rate surged to a seven-month high of 1,475.60, driven by heavy foreign selling in South Korea's stock market and strong custodial dollar demand, as the KOSPI plunged 3.79% and authorities signaled limited intervention.

Yonhap Infomax