(Seoul = Yonhap Infomax) Reporter Gyu-seon Lee = The dollar-earned exchange rate began to rise.
In the Seoul foreign exchange market on the 9th, the dollar won exchange rate was traded at 1,367.50 won, up 6.00 won from the previous level at 9:34 am.
On this day, the dollar opened at 1,365.00 won, up 3.50 won from the previous day.
The dollar continued its strong performance last night.
This is because the US’s tight monetary policy has been brought about by the Swedish central bank’s interest rate cut.
The dollar index rose to a level of 105.5.
A foreign exchange dealer at a bank said, “As the dollar’s strength continued, the dollar’s winning price also began to rise. As the dollar’s winning price fell significantly at the end of the previous day’s trading, it rose easily to the mid 1,360 won range.”
The price won by a dollar dropped about 3 won in a few seconds just before the market closed the previous day. The closing price is reported to have fallen during the process of processing the foreclosure order.
The yen’s weakness has moderated somewhat.
This is because a summary of the minutes of the Bank of Japan’s April monetary policy meeting suggested that the weakening yen could stimulate inflation. There was also a view that if prices and the economy went as expected, future interest rates could be higher than expected.
The dollar-yen exchange rate fell to 155.18 yen during the day, according to the records, but recovered from the decline.
Finance Minister Masato Kanda declined to comment on his role in the dollar sale. He added that appropriate measures will be taken if necessary.
At the same time, the dollar-yen exchange rate was trading at 155.460 yen, down 0.028 yen compared to the New York market, and the euro-dollar exchange rate was trading at $1.07447, down 0.00033 yen.
The yen-earned arbitrage exchange rate was 879.48 won per 100 yen, and the yuan-earned exchange rate was traded at 189.19 won.
KOSPI rose 0.02%, and net foreign investors sold about 43 billion won.
kslee2@yna.co.kr
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This article was published on the Infomax financial information terminal at 09:38, two hours earlier.
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