Bank of Korea once again “”””The exchange rate is due to overseas investment””””

1. In fact, overseas investment decreased by 77.35% compared to the previous week.

2. Money volume (M2) hits record high every month

3. The value of the dollar (dollar index) fell to 98 due to the interest rate cut in the United States.

Bank of Korea: “The rise in the exchange rate is due to overseas investment and companies’ propensity to hold foreign currency rather than liquidity.”