Yonhap Infomax NewsDollar-won exchange rate rises to mid-1,500 won range on WTI crude rebound and foreign stock selling of over 1.7 trillion won, with upside limited by month-end and quarter-end export negotiation volumes amid ongoing Middle East geopolitical risks and risk-off sentiment.
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[Seoul Foreign Exchange Market-Morning]Won Rises on WTI Rebound, Foreign Stock Selling – Up 5.80 Won
Dollar-won exchange rate rises to mid-1,500 won range on WTI crude rebound and foreign stock selling of over 1.7 trillion won, with upside limited by month-end and quarter-end export negotiation volumes amid ongoing Middle East geopolitical risks and risk-off sentiment.