Won-Dollar Exchange Rate Hits Highest Since 2009...Close to 1,470 won.

The won-dollar exchange rate topped 1,460 won for the second straight day
Exchange rate rises to KRW 1,465.5 and nears KRW 1,470
"Won-Dollar exchange rate may rise to KRW 1,500"

[Anchor]
The won-dollar exchange rate has surpassed 1,460 won for two consecutive days due to political instability following martial law and impeachment and external factors such as hawkish interest rate cuts by the U.S. FOMC.

Our stock market, which rose in a good mood after a long time before Christmas, is also mixed today.

Connect reporters to find out more about the news. Reporter Ryu Hwan Hong!

The exchange rate is going up a lot today?

[Reporter]
Following yesterday, the won-dollar exchange rate has risen sharply, exceeding 1,460 won for two consecutive days.

In the Seoul foreign exchange market, the won-dollar exchange rate started at 1,455.2 won.

Since then, it has continued to rise and surpassed 1,460 won around 10 a.m.

After surpassing 1,460 won, it rose sharply and soared to 1,465.5 won.

This is the first time the exchange rate has risen like this since March 2009, during the global financial crisis.

Foreign exchange market officials have been paying keen attention to currency movements throughout the morning.The exchange rate of

won-dollar exceeded 1,440 won immediately after the emergency martial law crisis on the 3rd and 1,450 won after the US FOMC's decision to cut interest rates early on the 19th.

Yesterday, the Democratic Party of Korea surpassed 1,460 won as news spread that it would propose an impeachment motion unless Acting President Han Deok-soo appointed a constitutional judge.

The market predicts that the volatility of the won-dollar exchange rate will increase for the time being due to unstable factors at home and abroad.

Some predict that the exchange rate may rise to 1,500 won, and this high exchange rate trend will continue until the first half of next year.

[Anchor]
How's the stock market moving today?

[Reporter]
Both the KOSPI and KOSDAQ indexes started higher, but they have been mixed, falling in early trading and rising again.

The KOSPI rose 0.37 percent to 2,449.52, while the tech-heavy KOSDAQ index opened 0.6 percent higher at 684.21, but has not gained much since.

The KOSDAQ index also collapsed around 680 during the day.

On the eve of Christmas, the U.S. New York Stock Exchange showed a so-called "Santa Rally" in which all three major indexes rose, but our stock market is weak.

In both the securities and KOSDAQ markets, individuals are net buyers, and foreigners are net sellers.

The institution went from net selling to net buying during the day.

Foreigners are net selling, making it difficult for the index to rise.

I'm YTN's Ryu Hwan Hong.