Yonhap Infomax NewsDollar-won exchange rate pares losses to late 1,490s as won weakens relative to other currencies amid broad dollar strength, with foreign investors net selling over 1 trillion won in stocks for second consecutive day while offshore yuan and yen rates surge significantly in Asian trading.
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[Seoul Foreign Exchange Market]Won Uniquely Weak Amid Strong Dollar Pressure, Pares Losses to Late 1,490s
Dollar-won exchange rate pares losses to late 1,490s as won weakens relative to other currencies amid broad dollar strength, with foreign investors net selling over 1 trillion won in stocks for second consecutive day while offshore yuan and yen rates surge significantly in Asian trading.