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KRW/USD Closes at 1,459.90 Won on July 25 as Market Awaits FOMC Decision

GateNews
Forex

According to Seoul Foreign Exchange Brokerage and Reuters, the KRW/USD exchange rate closed at 1,459.90 won on July 25 (Friday), with the currency pair expected to continue fluctuating in the 1,400 mid-to-late range this week amid favorable supply-demand conditions.

Market participants are closely watching the U.S. Federal Open Market Committee (FOMC) decision scheduled for mid-week, which may influence the currency's direction going forward.

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In-Depth Analysis

Won-Dollar Exchange Rate Holds Mid-to-Late 1400s Ahead of FOMC Event

Lucas Bennett2h ago

USD-KRW Falls to 1,458.50 Won on Exporter Dollar Sales and Supply Factors

Lucas Bennett07-24 23:52

USD-KRW Falls to 1,466.60 Won on Export Dollar Selling, Lowest Since May 7

Lucas Bennett07-24 09:52
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