[Financial News] The won–dollar exchange rate closed at 1,473.4 won in intraday trading on the 21st, down 5.0 won from the previous trading day. It marked the fifth consecutive trading day that the rate finished in the 1,400 won range, starting from 1,493.00 won on the 14th. The rate also continued to decline during that period. The move appears to reflect expectations in the foreign exchange market that SK hynix would convert the proceeds from its listing of American Depositary Receipts (ADR) on the U.S. stock market into won for domestic facility investment and other purposes.
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