[Today's Won] USD/KRW opens at 1,346.0 won, up 2.2 won from yesterday's close

The Korean won opened at 1,346.0 per US dollar on November 3, up 2.2 won from the prior session's close of 1,343.8, according to Bank of Korea's ECOS system. The previous session saw the rate trade in a 1,331.3–1,347.2 intraday range before closing at 1,343.8 at 3:30 p.m. Year-to-date, the won has traded between 1,323.1 and 1,555.8 on a closing basis, putting the November 2 close near the low end of that range. The Seoul Foreign Exchange Brokers' Association set the November 3 benchmark dealing rate at 1,341.0. The won also traded at 202.29 per Chinese yuan, with the per-100-yen rate also published. Watch for whether the won's recent strength near year-to-date lows persists as opening levels continue to drift higher.