USD/KRW Rises to 1,482.30 Won on July 20 as Houthis Threaten Red Sea Blockade

SKHY-1.80%
SKHYV-0.98%

According to Yonhapinfomax, the USD/KRW exchange rate rose to 1,482.30 won on July 20, up 3.80 won from the previous session. The dollar index climbed to 100.890 after Houthi forces announced an immediate maritime blockade of Saudi Arabia, raising geopolitical risk appetite for the U.S. currency.

Earlier, the rate had declined to 1,478.40 won amid USD selling from SK Hynix's ADR liquidation and exporters' forward contracts.

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GateUser-9cc9a211vip
· 11h ago
LFG 🔥
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GateUser-9cc9a211vip
· 11h ago
long time markt
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