Yonhap Infomax NewsThe dollar-won exchange rate surged to the upper 1,440-won range during London trading hours, tracking a sharp decline in the yen after reports of Japan’s prime minister opposing further BOJ rate hikes, with the dollar-yen breaching 156 and the dollar index rising.
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Dollar-Won Extends Gains in London Session on Sharp Yen Decline
The dollar-won exchange rate surged to the upper 1,440-won range during London trading hours, tracking a sharp decline in the yen after reports of Japan’s prime minister opposing further BOJ rate hikes, with the dollar-yen breaching 156 and the dollar index rising.