U.S. interest rate cut calms exchange rate...10 won down to 1,386.4 won.

2024.11.08 PM 04:00
The dollar's strength also slowed as the U.S. cut its key interest rate by 0.25 percentage point.

The won-dollar exchange rate was trading at 1,386.4 won today (8th) in the Seoul foreign exchange market, down 10.2 won as of 3:30 p.m.

It is analyzed that the exchange rate, which had surged for two days due to Trump's return to power, has calmed down the path of the U.S. interest rate cut, which has moved as expected.

However, our stock market could not laugh.

The New York Stock Exchange continued to strengthen overnight as investor sentiment strengthened, but the KOSPI closed lower.

The KOSPI closed at 2,561.15, down 0.14% from yesterday.

The KOSDAQ closed 1.34 percent higher at 743.38.


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