[Breaking] Won-Dollar Exchange Rate Surges to 1358.7 Won... Repeatedly Hits New Highs

On the 2nd, the KOSPI opened at 2,427.7, up 12.09 points (0.5%) from the previous trading day, at the Hana Bank dealing room in Jung-gu, Seoul. The won-dollar exchange rate started at 1,356.0, up 1.1 won. Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Seo So-jeong] The won-dollar exchange rate soared to the 1,358 won level, repeatedly breaking its all-time high.

On the 2nd, in the Seoul foreign exchange market, the won-dollar exchange rate surged to 1,358.7 won at around 2:34 PM.

On that day, the exchange rate opened at 1,356 won, up 1.1 won from the previous trading day, surpassing the intraday all-time high of 1,355.1 won recorded the day before, and continued to rise.