USD-KRW Exchange Rate Rises to 1,531.10 on July 6 as Foreign Investors Sell Stocks

According to Yonhapinfomax, the USD-KRW exchange rate rose 5.50 won to 1,531.10 on July 6, as strong dollar momentum continued with the dollar index above 101.

Foreign investors sold 1.3 trillion won worth of domestic stocks on the day, marking their 12th consecutive day of selling Korean equities. The currency also traded in the 1,530 won range in London and New York sessions.

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