1,340 won, down 3.2 won due to exchange rate and dollar selling by export companies.

(Seoul = Yonhap News) Reporter Jiyeon Kim = The won/dollar exchange rate fell to the late 1,330 won range at one point during intraday trading on the 7th. It is the lowest level in about a month.

It appears that semiconductor export companies' dollar sales led to the won's strength.

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 1,340.4 won.

It was 3.2 won lower than the standard price at 3:30 pm the previous day. The exchange rate has continued to decline since the last 2 days.

On this day, the exchange rate started at 1,339 won and reached an intraday high of 1,341.4 won around 9 am, then tested the bottom by moving in the late 1,330 won range.

It then hit a low at 1,337.6 won at 10:06 am.

This is the first time since the 10th of last month that the exchange rate has fallen below the 1,340 won level.

However, net selling of domestic stocks by foreign investors limited the extent of the exchange rate decline. On this day, foreigners recorded a net selling of approximately 2.6 trillion won in the stock market.

The dollar index, which represents the value of the dollar against the currencies of six major countries, rose 0.268 to 102.113.

As the New York stock market closed strong last night and international oil prices showed a calming trend, preference for risky assets strengthened.

West Texas Intermediate (WTI) crude oil is trading around $90 per barrel, and Brent crude oil is trading around $100.

The yen/dollar exchange rate rose 0.23 yen to 158.33 yen.

The won/yen fiscal exchange rate fell by 2.81 won to 846.44 won per 100 yen.