[Today's Won] Dollar-Won starts at 1,338.5 won... 3.6 won lower than previous trading day's close
Original headline[오늘의 원화] 달러-원 1,338.5원 출발…전 거래일 마감보다 3.6원 낮게
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The won opened at 1,338.5 per dollar on November 6, down 3.6 won from the prior session's close of 1,342.1, according to Bank of Korea ECOS data. The November 5 session traded between 1,337.9 and 1,357.0 before settling near the low end of this year's 1,323.1–1,555.8 closing range. Seoul Foreign Exchange Brokerage set the day's base rate at 1,342.0. The move matters because the won is holding near its yearly strong side, keeping imported inflation and dollar-funded costs in check. Watch whether the pair breaks below the 1,337.9 intraday low or reverses toward the 1,357.0 session high, with cross rates such as 201.31 won per yuan and the 100-yen rate in focus.
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, Bank of Korea, Seoul Money Brokerage Services