KOSPI and KOSDAQ fall by 1%...The exchange rate is 1,450 won.

[Anchor]
Our stock market, which plunged in the wake of the U.S. FOMC's "hawkish interest rate cut," has been falling for two consecutive days.

The won-dollar exchange rate, which started at 1,450 won, has fluctuated slightly around 1,450 won.

Let's connect reporters to take a closer look at the financial market news. Reporter Ryu Hwan Hong!

What is the current state of the stock price?

[Reporter]
Both the KOSPI and KOSDAQ indexes are down around 1% due to net selling by foreigners and institutions.

In the stock market, the Kospi opened 0.26 percent lower at 2,429.63.From the beginning of chapter

, the decline has deepened, recording a drop of around 1%.

Although it is a net purchase alone by individuals, foreigners and institutions are selling net together, which is a difficult situation.

On the KOSDAQ market, the tech-heavy KOSDAQ index started at 684.79, up 0.06 percent.

However, it has fallen straight and is also falling around 1%.

In the KOSDAQ market, individuals are making net purchases alone, and foreigners and institutions are making net sales together.

Investor sentiment, which had been rapidly frozen in the aftermath of the US FOMC's "hawkish interest rate cut," has rarely recovered.

[Anchor]
The won-dollar exchange rate fell from 1,450 won to 1,440 won?

[Reporter]
Yes, the won-dollar exchange rate started at 1,450 won in the Seoul foreign exchange market.

It is still fluctuating slightly around 1,450 won.

The dollar continues to strengthen as the U.S. third-quarter GDP confirmation released last night and the number of new unemployment claims are better than expected.

The dollar index, which represents the value of the dollar against currencies of six major economies, including the euro and yen, was up 0.09%, or nearly 0.1%, from the previous day.

As the exchange rate soared, the government and the Bank of Korea announced measures to improve the supply and demand of the foreign exchange market, including raising the limit on foreign exchange banks' forward positions.

Until now, funds borrowed in dollars could not be exchanged for won and used, but regulations have also been lifted.

The National Pension Service and the foreign exchange swap limit will also be increased from $50 billion to $65 billion, and the period will also be increased until the end of next year.

It also hinted at an active response to its foreign exchange reserves of more than $410 billion, the world's ninth-largest.

The market expects such efforts by the foreign exchange authorities to show up as a result of visible exchange rate stability.

I'm YTN's Ryu Hwan Hong.