Wednesday, March 15, 2017

'FOMC gwanmangse' won / dollar exchange rate fell 0.8 won departure



[Korea Jeongseon financial newspaper reporters KRW / USD rate has dropped slightly departure.

Won / dollar exchange rate in the Seoul foreign exchange market, trading fell 15, 10:10 compared to the current 1.2 won per dollar in the previous trading 1149.30 won AM. The won / dollar exchange rate was down 0.8 won to 1148.0 won the opening than the previous trading day.

It can be interpreted as showing that the Federal Open Market Committee (FOMC) of the impending meeting with gwanmangse 14 to 15 (local time) of the Federal Reserve (Fed) to determine the US benchmark interest rates.

The dollar, the yen, seen among the major currencies strengthening against the euro, such as buying foreign stocks, negotiated exporters (USD selling) volume is likely to be a limiting factor in the exchange rate.

In March rate hike already in the foreign exchange market is paying attention to interest rates and the economic prospects of future Fed members in that diagnostic influential. International Finance Centre predicts that "this will be an interest rate hike this year point routes, such as the Trump yelreon economic policies affect the comments of the Fed chairman" in the "Weekly major international financial issues and outlook 'report.

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