Dollar-won exchange rate plunged 29.80 won to close at 1,465.70 won in overnight trading as global dollar weakened amid stabilizing oil prices following Trump's remarks on potential Iran dialogue, with WTI crude falling over 10% below $80 per barrel while dollar index dropped to mid-98 range.
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Dollar-Won Retreats on Weaker Dollar, Oil Stability - Closes at 1,465.70 Won
Dollar-won exchange rate plunged 29.80 won to close at 1,465.70 won in overnight trading as global dollar weakened amid stabilizing oil prices following Trump's remarks on potential Iran dialogue, with WTI crude falling over 10% below $80 per barrel while dollar index dropped to mid-98 range.