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South Korean Won Closes at 1,530 per Dollar on July 7, Rising 4.40 Won in First 24-Hour Trading Session

2026-07-06 23:44:18

According to Yonhap Infomax, the Korean won closed at 1,530.00 per US dollar on July 7, up 4.40 won from July 3's 3:30 PM closing level of 1,525.60 won, as Seoul's forex market opened 24 hours continuously for the first time. The won had initially surged to a session high of 1,537.50 won on settlement demand-driven buying, but gains were gradually capped by weakened custody-linked buying following foreign investors' net stock sales and authorities' smoothing operations (micro-adjustments).

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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In-Depth Analysis

Korean Won Hits 1500s Despite Record Exports as Supply Imbalance Persists

Lucas Bennett4h ago

USD-KRW Rises 4.70 Won to 1,530.30 on First 24-Hour Trading Day

Lucas Bennett15h ago

MUFG Forecasts Korean Won to Strengthen to 1,500 per Dollar by Q4

Lucas Bennett21h ago

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