(Seoul=Yonhap Infomax) Seon Mi Jeong –


Prior to the market open on November 26, indicative quotes for the market average exchange rate (MAR) in the Seoul foreign exchange market were reported at a 'flat (0)' level, according to multiple brokerage sources.


Just before the opening, the dollar-won spot MAR price was traded at 'flat', indicating no directional bias in the market.


The non-deliverable forward (NDF) fixing position was described as 'square', meaning that local market participants have a neutral NDF fixing position to process after the open.


This suggests that, at the start of trading, there is no significant imbalance in NDF-related flows, and the market is expected to open with a neutral stance.


smjeong@yna.co.kr


(End)

All content has been translated by AI.
Copyright © Yonhap Infomax Unauthorized reproduction and redistribution prohibited.