On the 26th, the won/dollar exchange rate closed in a flat range despite deepening yen weakness.
On this day, the won-to-US dollar exchange rate in the Seoul foreign exchange market closed at 1,375.3 won, up 0.3 won from the previous day.
On this day, the won/dollar exchange rate opened at 1,373.50 won, down 1.50 won, and fluctuated in the flat range before rising to 1,378.8 won in conjunction with the weakening yen after the Bank of Japan (BOJ) freeze interest rates.
The Bank of Japan froze the current base interest rate at its monetary policy decision meeting on this day.
After this announcement, the Yen weakened further and the yen/dollar exchange rate was above 156 yen per dollar, reaching the Yen’s lowest level in 34 years.
Despite the weak yen, the KOSPI rose 1.05% on this day, and foreign investors also made net purchases of 472.4 billion won in the KOSPI, limiting the increase in the gain / dollar exchange rate.
At the same time, the monetary exchange rate won / yen is 881.80 won per 100 yen. It was 2.04 won below the standard price (883.84 won) at 3:30 pm the previous day.
Hello Reporter Tea Kim Jin-hee |
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