[Today's Won] Dollar-Won 1,356.6 won… above the 1,350 won level
Original headline[오늘의 원화] 달러-원 1,356.6원…1,350원 선 위로
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The won-dollar exchange rate closed at 1,356.6 won on November 6, up 14.5 won from the previous session and marking a third straight day of gains above the 1,350 threshold. The pair opened at 1,338.5 won, 3.6 won below the prior close, before reversing higher through the session. The current level sits roughly 14% above this year's low of 1,323.1 won and remains well below the yearly high of 1,555.8 won, while also standing 62.8 won weaker than the 1,419.4 won seen on August 13. The move matters as a signal of renewed won weakness near the lower end of the annual range, and traders will watch whether the pair holds above 1,350 won or retests the year's lows.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
USD/KRW, Seoul foreign exchange market