Affected by US tariffs, the daily fluctuation of the Korean won against the US dollar in April reached a new high of two and a half years

BlockBeats News: On May 4th, according to the Bank of Korea, due to the impact of US tariff policies, the exchange rate of the Korean won against the US dollar fluctuated sharply in April, with an average daily amplitude of 9.7 Korean won, the highest level since November 2022. The data shows that the daily average fluctuation of the Korean won against the US dollar in the current month was 9.7 Korean won, with a change rate of 0.67%, more than twice as much as in March (4.3 Korean won, 0.29%), reaching a new high since November 2022. In November 2022, due to the expectation that the Federal Reserve may slow down interest rate hikes, the exchange rate experienced greater fluctuations, with an average daily amplitude of 12.3 Korean won at that time. (Golden Ten)