USD/KRW 1-Month NDF Rises to 1,504.90 Won on July 9, Up 7.40 Won

According to overseas brokers, the USD/KRW 1-month NDF rose to 1,504.90 won (mid) on July 9, up 7.40 won from Seoul's previous close of 1,498.50 won. The U.S. dollar faced weakness as international oil prices retreated following President Donald Trump's remarks that he does not seek a prolonged conflict with Iran. The bid was at 1,504.70 won and the ask at 1,505.10 won. The dollar index closed at 101.077.
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