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KRWSGD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Day Range
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • Beta
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About

KRWSGD.FOREX is not a standard or widely recognized financial product symbol. It likely refers to a Korean Won (KRW) to Singapore Dollar (SGD) currency pair traded on a specific foreign exchange (FOREX) platform or brokerage. The "FOREX" designation clarifies that it's traded on the foreign exchange market, but without knowing the specific platform or brokerage, the symbol's precise definition remains undefined.
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Factors

Interest Rate Differentials: The difference in interest rates between South Korea and Singapore influences currency flows and thus the exchange rate.

Economic Growth: Stronger economic growth in either country can lead to currency appreciation as it attracts investment.

Inflation Rates: Higher inflation in one country relative to the other weakens its currency due to decreased purchasing power.

Geopolitical Events: Political instability or major events in either country or region can impact investor sentiment and currency values.

Trade Balance: A trade surplus generally strengthens a currency, while a trade deficit weakens it.

Government Policies: Monetary and fiscal policies implemented by both governments affect economic conditions and exchange rates.

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