In the stock market, the KOSPI opened at 2,426.55, down 2.33 percent from the previous session.
The KOSDAQ index also opened at 682.53, down 2.16% from the previous trading day.
In the Seoul foreign exchange market, the won-dollar exchange rate started at 1,453 won, up more than 17 won.
The New York stock market also plunged last night as the U.S. Federal Reserve hinted earlier that it would slow the rate cut next year.
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Economy
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