Won Slips to Two-Year Low on Dollar Weakness
The won-dollar exchange rate broke the yearly intraday low on Oct. 16, falling to its lowest level in about two years.It rose early in the session due to concerns over inflation in the United States…
- Won-dollar exchange rate hits two-year low at 1331.4 won
- Inflation concerns and Fed rate hike speculation rise
- KOSPI stock market gains 2.05% amid dollar weakness
