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USD/KRW Weakens at Midday, Trading at 1,478.90 Won on July 17

GateNews

According to Yonhapinfomax, the USD/KRW exchange rate traded at 1,478.90 won as of 8:38 p.m. on July 17 in New York, up 6.00 won from the previous close.

The dollar-won pair rose to an intraday high of 1,488.30 won before retreating. The move reflected gains in the dollar index to 100.802, driven by semiconductor sector selloffs, risk-off sentiment, and rising oil prices, while the yen showed modest strength amid limited trading volumes due to the Constitution Day holiday.

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