[Today's Won] Dollar-Won opens at 1,335.0 won, up 0.7 won from yesterday's close

The Korean won opened at 1,335.0 against the US dollar on November 2, up 0.7 won from the prior close, according to the Bank of Korea's Economic Statistics System (ECOS). The previous session on October 30 closed at 1,334.3, with intraday trading ranging between 1,332.1 and 1,340.5. Year-to-date, the won has traded in a closing range of 1,323.1 to 1,555.8, putting the October 30 close near the low end of that band. The Seoul Foreign Exchange Brokerage set the November 2 base trading rate at 1,337.2. The same day, the won-yuan rate stood at 200.53, with the won per 100 yen also announced. The current levels near the year's lows may draw attention to whether the won strengthens further or rebounds from these levels.