The won-dollar exchange rate surpassed the 1,200 won mark on the 27th.
On that day, the exchange rate opened at 1,201.0 won, up 3.3 won from the previous day's closing price.
On the 26th (local time), Jerome Powell, Chairman of the U.S. Federal Reserve (Fed), after concluding the Federal Open Market Committee (FOMC) regular meeting, signaled an interest rate hike in March.
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