USD/KRW 1-Month NDF Falls to 1,476.50 Won Overnight

According to overseas brokers, the USD/KRW 1-month NDF fell to 1,476.50 won overnight (July 22), down 2.90 won from Seoul's spot market close of 1,480.10 won. The decline was driven by dollar weakness, euro strength, and expectations of a positive surprise in South Korea's second-quarter GDP data. Bid quotes stood at 1,476.30 won, while ask quotes reached 1,476.70 won.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments