The Zhitong Finance App learned that after the South Korean authorities recently expressed “firm determination” to defend the local currency, the Korean won continued to rise on Friday, and the exchange rate of the won against the US dollar rose to the highest level since early November. As of press release, the USD/KRW exchange rate fell 0.27% to 1442.06, and fell to 1429.82 during the day. The exchange rate has declined 2.28% over the past week.

The Zhitong Finance App learned that after the South Korean authorities recently expressed “firm determination” to defend the local currency, the Korean won continued to rise on Friday, and the exchange rate of the won against the US dollar rose to the highest level since early November. As of press release, the USD/KRW exchange rate fell 0.27% to 1442.06, and fell to 1429.82 during the day. The exchange rate has declined 2.28% over the past week.