KRW Price, Chart, Live Rate and Forecast -Markets.com

KRW

$--

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Analysis and statistics

Open
1387.166$
Previous Close
1383.5867$
52 Week Change
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Day Range
3.58$
52 Week High/Low
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Dividend Per Share
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Market cap
--$
EPS
--
Beta
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Volume
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About

The financial product symbol KRW.FOREX likely refers to the Korean Won (KRW) in the foreign exchange (FOREX) market. It indicates trading or data related to the Korean Won's exchange rate against other currencies. The ".FOREX" suffix is often used by data providers or trading platforms to specifically denote that the KRW is being referenced within the context of foreign exchange transactions.

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Factors

Interest Rates: Higher South Korean interest rates can attract foreign investment, increasing demand for KRW and strengthening its value.

Economic Growth: Strong South Korean economic growth typically leads to a stronger KRW as it suggests higher returns on investments.

Inflation: Relatively lower inflation in South Korea compared to other countries tends to support a stronger KRW.

Trade Balance: A positive trade balance (exports exceeding imports) generally strengthens the KRW due to increased demand for the currency.

Geopolitical Risks: Heightened geopolitical tensions involving North Korea or other regional concerns can weaken the KRW as investors seek safer havens.

Global Economic Conditions: Global economic downturns can negatively impact the KRW as investors may reduce exposure to emerging markets like South Korea.

Foreign Investment Flows: Increased foreign direct investment or portfolio investment into South Korea strengthens the KRW due to increased demand.

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