Exchange Rate Surges Due to Trump's Advantage Early in Counting...Close to 1,400 won.

The won-dollar exchange rate soared to 1,399.7 won during the day after reports that Republican candidate Trump was ahead in the early days of the U.S. presidential election.

On the Seoul foreign exchange market, the won-dollar exchange rate opened at 1,374.0 won, down 4.6 won, but gradually increased and surged to 1,399.7 won at 12:03 p.m. and was on the verge of entering 1,400 won.

Since then, the won-dollar exchange rate has slowed down a bit, trading in the 1,390 won range.

The market expects the volatility of the won-dollar exchange rate to increase depending on the results of the vote counting of major U.S. presidential contenders.

If Republican candidate former President Donald Trump appears to be dominant, the dollar is expected to come under bullish pressure, and if Democratic nominee Vice President Kamala Harris prevails, it will come under bearish pressure.