2010/10/11

The expert forecast that won will continue to be strong

According to Hanlianshe reported that the won exchanges US dollar exchange rate also to continue to fall this week.

On 11th 10.7 points, the Seoul foreign exchange market's won exchanges US dollar exchange rate in the morning is 1113.8 wons, fell 6.5 wons compared to last weekend.

According to the analysis, realizes the large-scale trade surplus and the foreign capital buys up the South Korean stock and the bond, causes the massive US dollar inflow home, is pushes the high won value the principal factor.

By the end of September, the foreign capital purchases the scale in the domestic stock market and the debt city to amount to 69,600,000,000,000 wons only. , In the negotiable securities market, the foreign capital also only has purchased since this month the stock in the continual six trading days.

The expert believed that a won value is opposite in the Asian currency was underestimated, attracts foreign investor's primary cause.

The foreign exchange market expert said that the won has not restored in the Asian area currency to 2008 the financial crisis before one of level few currencies. The foreign investor forecast that the won continues to be strong, and to realize the arbitrage, emerges the domestic stock market and the bond market on a large scale.

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