The won-dollar exchange rate rose for three consecutive trading days, exceeding the 1,230 won level per dollar during the day.
It is interpreted that the US dollar, which is considered a safe haven asset, has strengthened as concerns regarding an economic recession are growing due to the prolonged Russian invasion of Ukraine and the consequent surge in energy prices.
Today (8th) in the Seoul foreign exchange market, the exchange rate of the won once morest the US dollar is 1,232 won and 80 won per dollar, up 5 won and 70 times from the closing price of the previous trading day as of 11:30.
The exchange rate, which broke the 1,220 won per dollar range yesterday, started at 1,232 won, up 4 won and 90 days from the previous trading day, and is maintaining the 1,230 won range.
It is the first time in one year and nine months since the end of May 2020, right following the spread of Corona 19, that the won-dollar exchange rate showed 1,230 won during the day.
The domestic stock market is weak.
As of 11:30 am, the KOSPI recorded 2,635.62, down 15.69 points or 0.59% from the previous trading day.
Foreigners who sold more than KRW 1 trillion of stocks on the stock market yesterday are also net sellers of more than KRW 200 billion today.
At the same time, the KOSDAQ index is trading at 879.19, down 2.35 points by 0.27% from the previous trading day.
[사진 출처 : 연합뉴스]