The won-dollar exchange rate is fluctuating slightly from the 1,400 won range despite oral intervention by foreign exchange authorities.
In the Seoul foreign exchange market, the won-dollar exchange rate has been mixed in the 1,400 won range even after 8:50 a.m., when oral intervention by the foreign exchange authorities is known.
As the won-dollar exchange rate surpassed 1,410 won a day ago, the foreign exchange authorities held a "macroeconomic and financial issues meeting" this morning and said they would take active market stabilization measures quickly if the volatility of the foreign exchange market excessively expands.
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