The won/dollar exchange rate decreased by 1.5 won to 1,323.1 won... Another record low for the year

(Seoul = Yonhap News) Reporter Jiyeon Kim = The won/dollar exchange rate approached the 1,320 won level on the 26th, lowering its low point once again.

On this day in the Seoul foreign exchange market, the standard price of the Korean won to U.S. dollar exchange rate at 3:30 p.m. was calculated to be 1,323.1 won.

It fell 1.5 won compared to the same time the previous trading day.

The exchange rate on this day started at 1,324.0 won and fluctuated in the low to mid 1,320 won range.

It rose to 1,326.2 won at 10:36 am, but fell to 1,320.6 won at 2:04 pm, hitting an intraday low.

Both the standard price at 3:30 PM and the intraday low price broke all-year records. Both are the lowest since October 2, 2024 (1,319.3 won, 1,317.1 won).

Despite external uncertainties such as the rise in international oil prices due to the re-ignition of risks in the Middle East, dollar selling (nego) volumes from semiconductor exporters were released at the end of the month, adding to downward pressure.

Over the weekend, reports emerged that the United States and Israel were considering resuming airstrikes against Iran, and international oil prices rose again.

On the 23rd (local time), Brent crude oil for delivery rose 3.1% to $116.72 per barrel, rising to the highest level since the end of April. West Texas Intermediate (WTI) also rose to $103.27.

Bank of Korea Governor Shin Hyun-song diagnosed the won as still weak on the 22nd, when the Monetary Policy Committee froze interest rates, leaving room for further strengthening.

The dollar index, which represents the value of the dollar against the currencies of six major countries, rose 0.009 from the previous trading day to 101.682.

The won/yen fiscal exchange rate was 842.72 won per 100 yen, down 1.07 won.

The yen/dollar exchange rate rose 0.14 yen to 156.98 yen.

In the domestic stock market, foreigners net sold close to 700 billion won on this day. KOSPI fell 1.45% on this day and closed at 5,469.47. Based on the closing price, it is the lowest in about 7 months since April 6 (5,450.33).