The dollar-won exchange rate edged down as the won tracked gains in Asian currencies, with the 1,470 won level acting as resistance; foreign investors net bought KOSPI stocks, while robust demand limited further declines.
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[Seoul Foreign Exchange Market-Morning]Dollar-Won Edges Lower, Tracking Stronger Asian Currencies—Down 2.40 Won
The dollar-won exchange rate edged down as the won tracked gains in Asian currencies, with the 1,470 won level acting as resistance; foreign investors net bought KOSPI stocks, while robust demand limited further declines.