[Today's Won] Dollar-Won 1,347.1 won... below the 1,350 won line
Original headline[오늘의 원화] 달러-원 1,347.1원…1,350원 선 아래로
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The won-dollar exchange rate closed at 1,347.1 won on November 9, down 9.5 won from the previous session and slipping below the 1,350 threshold after opening at 1,363.0. The reading sits near this year's low of 1,323.1 and roughly 10% above that trough within the annual range spanning a 1,555.8 high, while it is 71.2 won weaker than the 1,418.3 recorded on August 14. The move matters as a signal of renewed won strength, with the currency now about 110 won firmer than the 1,456.9 level seen a year earlier. Traders will watch whether the pair holds below 1,350 or retests the yearly low near 1,323.
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