Won-Dollar Exchange Rate Breaks Again by 1,400 Won..."The impact of the yuan's decline"

The won-dollar exchange rate has surpassed 1,400 won again.

In the Seoul foreign exchange market, the won-dollar exchange rate rose to 1401.4 won at around 9:12 a.m. and has been fluctuating around 1,400 won.

The won-dollar exchange rate has been moving around 1,400 won since surpassing 1,400 won on the 6th due to former U.S. President Donald Trump's victory in the presidential election.

The market analyzes that the falling value of the yuan due to Trump's high tariff pledge against China also affects the depreciation of the won.