Dollar, Won, Dollar Index Adjustment Expands Fall... 5.3 Won ↓

The dollar-won exchange rate fell to the early 1,390 won range as if to keep pace with the weakening dollar index linked to a fall in U.S. Treasury yields.

The local currency closed at 1,393.5 won against the U.S. dollar at 2:00 a.m., down 5.3 won from the previous session's weekly trading close of 1,398.8 won.

The 10-year U.S. Treasury yield failed to break above the key resistance of 4.5%, prompting a strong inflow of low-priced buying, which also set the tone for a high selling against the dollar as U.S. Treasury yields mostly shifted lower.

The intra-day high against the U.S. dollar was 1,400.30 won, while the low was 1,387.80 won.The total spot exchange volume from

to overnight trading was $10.289 billion, including the Seoul foreign exchange brokerage and the South Korean fund brokerage.