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Won-Dollar Exchange Rate Falls 13.3 Won... Won-Yen Rate Hits Lowest in 1 Year and 8 Months

The won-dollar exchange rate dropped by more than 13 won in a single day, falling back to the 1,460-won range and recording its lowest level in about two months.

The won-dollar exchange rate closed trading at 1,466.8 won, down 13.3 won from yesterday (the 22nd).

Improved semiconductor investment sentiment driven by Alphabet's strong earnings and South Korea's second-quarter economic growth rate surpassing market expectations pulled down the exchange rate.

Meanwhile, the won-yen exchange rate closed at 899.46 won per 100 yen, down 7.96 won from yesterday, plunging into the 800-won range for the first time in 1 year and 8 months.
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