Yonhap Infomax NewsJan 14
The dollar-won exchange rate trimmed gains in the London session as suspected official smoothing operations capped the pair near the 1,480-won intervention level, with the rate closing up 1.10 won at 1,474.80.
#YonhapInfomax #DollarWon #ExchangeRate #SmoothingOperation #LondonSession #InterventionLevel #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99858
Dollar-Won Gains Narrow in London Session on Smoothing Operation Watch—Up 1.10 Won

The dollar-won exchange rate trimmed gains in the London session as suspected official smoothing operations capped the pair near the 1,480-won intervention level, with the rate closing up 1.10 won at 1,474.80.

Yonhap Infomax
Yonhap Infomax NewsJan 13
South Korea’s dollar-won exchange rate surged to the 1,470-won level, driven by strong dollar demand from SMEs and limited impact from authorities’ smoothing operations, as market participants watch for further intervention amid persistent supply-demand imbalances and seasonal factors.
#YonhapInfomax
#DollarWon #SMEs #SmoothingOperation #ForeignExchangeReserves #ExportProceeds
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99513
SMEs Buy Dollars Unabashedly as Authorities' Smoothing Operations Fail to Stem Won's Slide

South Korea’s dollar-won exchange rate surged to the 1,470-won level, driven by strong dollar demand from SMEs and limited impact from authorities’ smoothing operations, as market participants watch for further intervention amid persistent supply-demand imbalances and seasonal factors.

Yonhap Infomax