Yonhap Infomax NewsThe dollar-won exchange rate rose to the upper 1,449 won range on January 7, driven by persistent dollar strength and settlement demand, as market participants assessed early-year positioning amid delayed exporter dollar sales and robust spot demand.
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[Seoul Foreign Exchange Market]Dollar-Won Tests 1,450 Level on Settlement Demand—Early-Year Positioning in Focus
The dollar-won exchange rate rose to the upper 1,449 won range on January 7, driven by persistent dollar strength and settlement demand, as market participants assessed early-year positioning amid delayed exporter dollar sales and robust spot demand.