Newsletter

US Dollar Strengthens as CPI Surges, Won Hits 17-Month High

The won/dollar exchange rate increased on the 11th due to the US Consumer Price Index (CPI) shock, reaching the highest level in 17 months. On this day, the won-to-US dollar exchange rate in the Seoul foreign exchange market closed at 1,364.1 won, up 9.2 won from the previous trading day. The exchange rate opened at […]

The Win/Dollar Exchange Rate Closes Higher on the 20th

The win/dollar exchange rate closed higher on the 20th. On this day, the won-to-US dollar exchange rate in the Seoul foreign exchange market closed at 1,337.6 won, up 2.4 won from the previous trading day. The exchange rate opened at 1,336.1 won, up 0.9 won compared to the previous day, and rose to 1,339.3 won […]

Chinese Yuan announced exchange rate (6th) 7.1082 Yuan…value decreased by 0.02%

chinese yuan [사진=게티이미지뱅크] On the 6th, the Foreign Exchange Trade Center under the People’s Bank of China announced the standard exchange rate of the Yuan per dollar at 7.1082 Yuan, up 0.0012 Yuan from the previous trading day. This means that the value of the Yuan against the dollar fell by 0.02% compared to the […]

Thailand’s Deputy Minister of Finance Reveals Plans to Issue 40 Billion Savings Bonds

Miithon – “Chunlapan Amornwiwat” Reveals plans to issue 40 billion in savings bonds Foreigners offer bond lending. Emphasis on helping to increase channels for the business sector in Thailand. Mr Chulaphan Amornvivat, the Deputy Minister of Finance, disclosed of his trip to attend the 17th Asian Financial Forum (AFF) from 23 – 25 January 2024 […]

Fluctuating Exchange Rate Between Won and Dollar Stays Around 1,300 Level

Exchange Rate Fluctuations Continue On the 23rd, the won/dollar exchange rate fluctuated around the 1,300 level in the early part of the market. As of 9:13 am in the Seoul foreign exchange market, the won-to-dollar exchange rate is trading at 1,299.3 won, down 1.2 won from the previous trading day. The exchange rate opened at […]

Exchange Rate of the South Korean Won Reaches 1,300 Won per Dollar

Rewrite text On the 22nd, the won/dollar exchange rate rose by more than 10 won and rejoined the 1,300 won series. On this day, the won-to-dollar exchange rate in the Seoul foreign exchange market closed at 1,300.5 won, up 11.3 won from the previous day’s closing price. Based on the closing price, it only surpassed […]

Won/Dollar Exchange Rate Falls to 1,280 Range, Lowest Since August

Won/Dollar Exchange Rate Falls to 1,280 Won Range On the 21st, the won/dollar exchange rate fell further, reaching the 1,280 won range in the Seoul foreign exchange market. The closing price for the day was 1,289.2 won, marking a 2.4 won decrease from the previous day and the lowest closing price since August 1. This […]

Baht Strengthens as Yuan Surges: Foreign Investors Show Mixed Sentiment

Baht Strengthens as Yuan Sustains Positive Sentiment October 18, 2023 In yesterday’s trading session, the baht closed at 36.30 baht per dollar, marking a slight gain compared to the previous day’s closing level of 36.40 baht per dollar. This strengthening can be attributed to the positive sentiment surrounding the Chinese Yuan, which experienced a boost […]