The dollar-won exchange rate surged above 1,450 as foreign investors sold South Korean equities, with exporter dollar sales and potential official intervention expected to limit further gains.
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[Seoul Foreign Exchange Market]Dollar-Won Reclaims 1,450 Level on Foreign Equity Outflows—Up 5.50 Won
The dollar-won exchange rate surged above 1,450 as foreign investors sold South Korean equities, with exporter dollar sales and potential official intervention expected to limit further gains.