KRW/USD 1,430.9... U.S. CPI relief reduces its rise

As the U.S. consumer price index (CPI) in November, which drew market attention, came in line with expectations, relief spread and the won-dollar exchange rate narrowed its rise in nighttime trading.

As of 2 a.m., the won-dollar exchange rate closed at 1,430.9 won, up 4 won from the previous session's closing price in Seoul, down 1.3 won from the weekly closing price of 1,426.9.

The won-dollar exchange rate rose to 1,436.9 won in London after foreign media reported that China may tolerate a weak yuan to counter the threat of tariffs by the second Trump administration.

However, after gradually reducing the rise, it was pushed to 1428.5 won right after the US CPI came out, which is believed to have been supported by risk preference.

Meanwhile, the dollar index, which reflects the dollar's value against the six major currencies, rebounded after falling to around 106.3 after the CPI announcement.