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KRWUSD

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

Analysis and statistics

  • Open
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  • 52 Week Change
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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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About

The financial product symbol KRWUSD.FOREX refers to the Korean Won (KRW) to United States Dollar (USD) currency pair in the foreign exchange (forex) market. It represents the exchange rate between these two currencies, specifically how many Korean Won are needed to purchase one United States Dollar. This symbol is used by traders and financial institutions to buy or sell Korean Won against the US Dollar, aiming to profit from fluctuations in the exchange rate. The forex market is decentralized and operates 24 hours a day, five days a week, making KRWUSD.FOREX a continuously traded financial instrument.
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Factors

Economic Indicators: South Korea's GDP growth, inflation, and unemployment influence KRW. US indicators like GDP, jobs reports, and inflation affect USD.

Interest Rates: The Bank of Korea's interest rate policy impacts KRW's attractiveness. The Federal Reserve's policy impacts USD.

Geopolitical Events: Tensions in the Korean Peninsula or global instability can affect investor sentiment and currency values.

Trade Balance: South Korea's trade surplus or deficit affects KRW demand. US trade balance impacts USD.

Market Sentiment: Overall risk appetite in global markets can influence demand for KRW and USD as safe-haven currencies.

Government Policies: Fiscal and monetary policies implemented by both countries can impact currency valuations.

Capital Flows: Inflows and outflows of investment capital impact currency supply and demand.

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