Dollar-won exchange rate breaches 1,500 won for first time since 2009 global financial crisis as geopolitical tensions drive oil prices above $100, with authorities and exporters limiting further gains through active intervention and dollar sales in regular trading session.
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#YonhapInfomax #DollarWonExchangeRate #OilPriceShock #GeopoliticalRisk #IranConflict #WTICrudeOil #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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[Seoul Foreign Exchange Market]Won Breaches 1,500 Per Dollar on Oil Price Shock
Dollar-won exchange rate breaches 1,500 won for first time since 2009 global financial crisis as geopolitical tensions drive oil prices above $100, with authorities and exporters limiting further gains through active intervention and dollar sales in regular trading session.