[Today's Won] Dollar-Won 1,333.6 won… below the 1,350 won line
Original headline[오늘의 원화] 달러-원 1,333.6원…1,350원 선 아래로
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The won-dollar exchange rate closed at 1,333.6 won on November 11, down 3.9 won from the prior session and marking a third straight day of declines below the 1,350 threshold. The pair opened at 1,343.5 won, 6.0 won above the previous close, before reversing. The current level sits near this year's low of 1,323.1 won and roughly 5% above that trough within the annual range, well below the 1,411.8 won seen on August 18 and 78.2 won stronger than a year earlier. The move matters because it extends a won appreciation trend that has pulled the currency toward its yearly low, easing import costs and dollar-denominated liabilities. Watch whether the pair holds below 1,350 won and tests the 1,323.1 won annual low, with intervention risk and dollar funding flows 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, Seoul foreign exchange market