USD/KRW Falls to 1,530.00 Won Overnight on July 4, Down 25.80 Won from Prior Close

According to Yonhap Infomax, the USD/KRW exchange rate fell 25.80 won to close at 1,530.00 won in overnight trading on July 4 (Korea time). The rate recovered slightly from intraday lows as the dollar tracked yen movements while U.S. markets were closed for Independence Day.

The overnight close was 4.40 won higher than the daytime session close of 1,525.60 won. Japan's Chief Cabinet Secretary Kihara expressed caution over recent currency volatility, with intervention expectations supporting the yen and limiting dollar-won declines.