Friday, February 20, 2009

Won-Dollar exchange rate above 1500 shock!

Traded 1502.50 won that the won-dollar rate is higher 21.50 won than 10.Feb.

The won-dollar exchange rate closed above 1,500 won Friday for the first time in almost three months.

20.February,in Seoul foreign exchange market, the won-dollar exchange rate was transacted a 1502.50 won per dollar for am 10:50 that is higher 21.5 won than 19.Feb.
This is the first time in almost 3 months.

The Korean won has depreciated nine sessions in a row since Feb. 10 at 1,506 won per dollar.



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