Business · Markets · 1 hr ago
Won falls to 1,334.8 per dollar
The South Korean won weakened against the US dollar on October 19.
At 9 a.m., one dollar was worth 1,334.8 won, up 3.4 won from the previous close.
This rate shows how many won are needed to buy one US dollar.
Since October 8, when the rate fell into the 1,330s for the first time in a month, it has moved between the 1,330s and 1,340s.
The rate has stayed within that range in recent trading.
Forecasts said it could reach the upper 1,330s during the day.
The won-dollar exchange rate stood at 1,334.8 won per dollar at 9 a.m. on Oct. 19.
The rate was up 3.4 won, or 0.25%, from the previous trading day’s closing rate.
Since falling into the 1,330-won range on Oct. 8, the rate has fluctuated between the 1,330- and 1,340-won ranges.
A forecast said the rate could be in the upper 1,330-won range that day.
- Who
- The South Korean won and the US dollar.
- What
- The exchange rate rose to 1,334.8 won per dollar, up 3.4 won from the previous trading day’s close.
- When
- Oct. 19, at 9 a.m.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
The exchange rate fell into the 1,330-won range for the first time in a month.
The rate stood at 1,334.8 won per dollar, up 3.4 won from the previous trading day’s close.
- Exchange rate
- 1,334.8 won per dollar
- Change
- Up 3.4 won, or 0.25%, from the previous trading day’s close
- Time
- 9 a.m. on Oct. 19
- Recent range
- 1,330- to 1,340-won range
- Falling into 1,330-won range
- Oct. 8