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Name | Symbol | Market | Type |
---|---|---|---|
United States Dollar vs South Korean Won | FX:USDKRW | Forex | Exchange Rate |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.265 | -0.02% | 1,350.26 | 1,350.09 | 1,350.43 | 1,352.845 | 1,342.935 | 1,350.65 | 0 | 16:11:15 |
The Korean won weakened against the U.S. dollar in the late Asian session on Thursday, after the nation's central bank decided to keep the benchmark interest rate unchanged.
The Bank of Korea's monetary policy board decided to keep the nation's benchmark interest rate unchanged at the record low 1.50 percent, in line with expectations. Against the greenback, the Korean won fell to a 2-day low of 1158.50 from an early high of 1153.40. At yesterday's close, the Korean won was trading at 1155.90 against the greenback.
If the Korean won extends its downtrend, it is likely to find support around the 1180.00 area.
1 Year US Dollar vs KRW Chart |
1 Month US Dollar vs KRW Chart |
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