Korean Won rebounds, Japanese Yen drops to the lowest point... Exchange rate volatility draws attention
In January this year, the Korean won's real effective exchange rate index rebounded to 86.86, ending a six-month decline, but the Japanese yen hit a new low. The won's exchange rate has been persistently weak, influenced by a strong U.S. economy and net selling by foreign investors. Moving forward, the exchange rate will continue to be affected by multiple factors, and its medium- to long-term impact on the economy should be monitored.
TechubNews·02-23 21:28
