Seoul's 24-hour FX market gets calm debut

The won-dollar exchange rate showed limited volatility in the first session of Seoul's 24-hour foreign exchange trading system, with the newly added early-morning hours passing without sharp moves. The rate traded around 1,531 won per dollar as the newly added 2 a.m. to 6 a.m. window began, eased to the 1,529 level after 4 a.m., and returned to 1,530 by the close, according to combined data from Seoul Money Brokerage Services and Korea Money Brokerage Corp. Moves were sharper during regular Seou

By The Korea Herald