Domestic Stock Markets Close Down Together..."Fear that the exchange rate will stick around 1,400 won"

[Anchor]
In the KOSPI market today, the domestic stock market closed lower, with foreigners selling more than 400 billion won.

There are also concerns that the exchange rate of 1,400 won may be fixed over the next few years due to the aftermath of the martial law crisis, which ended in six hours.

I'm connecting with a reporter to find out. Reporter Hwang Bo Hye-kyung!

[Reporter]
Yes, I'm at Hana Bank's foreign exchange transaction site.

[Anchor]
How did the domestic stock market end today?

[Reporter]
The KOSPI index, which started lower today, closed at the 2,460 level, down 1.44% from yesterday, reducing its fall in the afternoon.

The KOSDAQ closed 1.98 percent lower at the 677 level.

While both KOSPI and KOSDAQ were net sellers by foreigners, foreigners sold more than 400 billion won in the KOSPI market in particular, leading the decline.The dollar exchange rate of

is moving around 1,410 won.

It showed extreme volatility by immediately surpassing 1,440 won last night, but the shock seems to have been somewhat resolved.

However, experts were concerned that political instability could hamper our economy and financial markets for the time being.

In particular, some say that the era of exchange rates of 1,400 won could be fixed for several years due to large-scale unfavorable factors from Korea that erupted in conjunction with the launch of the second Trump administration next year.

Let's listen to it for ourselves.

[Seo Jeong-hoon / Senior Researcher at Hana Bank: It is believed that the possibility of having to assume 1,400 won, which is slightly higher than the exchange rate price around 1,350 won expected by major domestic institutions. The possibility that the situation will become a new normal in the year 25-26....]

[Anchor]
The financial authorities are also making all-out efforts to stabilize the market,

What measures did you come up with?

[Reporter]
Financial authorities believe the fluctuations in the domestic stock market are not at a level of concern.

The policy is to supply unlimited liquidity until the financial market normalizes, wary of further expanding volatility.

Kim Byung-hwan, chairman of the Financial Services Commission, said he will allow the stock market stabilization fund worth 10 trillion won to operate immediately at any time.

In addition, it added that it will make maximum use of 40 trillion won bond market stabilization funds, corporate bonds, and CP purchase programs.

BOK has started buying repurchase bonds, RP to provide short-term funds to the market.

Deputy Prime Minister for Economic Affairs Choi Sang-mok emphasized that the TF will be operated 24 hours a day to check the economic and financial situation and that exports will not be disrupted.

However, there are concerns among foreign investors that Korea's unique political risks could lead to a sharp drop in confidence in the domestic financial economy.

So far, I'm YTN Hwang Bo Hye-kyung at Hana Bank's foreign exchange transaction site.