The won-dollar exchange rate is going up...Starting at 1,410 won.

2024.11.13 AM 09:53
[Anchor]
The won-dollar exchange rate is soaring to 1,410 won.

The stock market is down again today.

I'll connect you to a reporter for more information.

Reporter Lee Hyung-won, are you nervous from the start of both the exchange rate and the stock market?

[Reporter]
The won-dollar exchange rate exceeded 1,400 won from the start.

It opened at 1,410 won, up 6.5 won from yesterday.

After spending 1,409.9 won overnight, he broke this record again.

Now, it continues to go up and down around 1409 won.

Our stock prices also continued to decline.

The KOSPI started trading at 2,468.27, down 0.58% and is now moving around the 2,465s, increasing its decline.

The KOSDAQ also sank to the 704 level after opening at 708.52, down 0.28%.

[Anchor]
Why is the won price and stock price faltering like this?

[Reporter]
The aftermath of former U.S. President Trump's successful return to power is analyzed to have hit the financial market.

The dollar continues to strengthen as trade disputes and inflation concerns grow, citing national priority.

In particular, if the U.S.-China conflict intensifies, we will inevitably suffer from exports.

Experts believe that such anxiety is fueling the won's price and stock price to fall.

As a result, some predict that the Trump administration will try to rebound only when uncertainty is resolved to some extent after the official inauguration of the Trump administration in January next year.

So far, I'm Lee Hyungwon of YTN on the Korea Exchange.



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