The exchange rate exceeded 1,480 won due to the impeachment of acting Han Deok-soo...The stock market is also "stumbling."

Won-Dollar Exchange Rate Jumps Immediately After Starting at KRW 1,460Exchange rate traded at KRW 1,4677.5 as of 3:30 p.m.
Trump's U.S. dollar, State Vacancy...Exchange rate instability is likely to continue.

[Anchor]
As political uncertainty grows, the won's value is falling endlessly.The

won-dollar exchange rate fluctuated even more as acting authority Han Deok-soo's impeachment prosecution progressed, exceeding 1,480 won during the day.

The stock price fluctuated and the KOSPI's 2,400-point level collapsed at one point.

I'm reporter Lee Hyungwon.

[Reporter]
The won-dollar exchange rate started at around 1,460 won and surged straight away.

As uncertainties grew due to the impeachment of acting Han Deok-soo, it soared more than 20 won during the day, rising to 1,486 won.

It is the highest in more than 15 years since 1,488 won on March 16, 2009, when the financial crisis erupted.

The exchange rate, which was close to being pushed to the brink of 1,500 won, barely calmed down to 1,467.5 won as of 3:30 p.m.

The problem is that the exchange rate may continue for the time being.

U.S. Trump administration could add fuel to dollar strength,
This is because the gap in our state affairs is getting longer even ahead of the trade barrier from
Trump.

[Moon Jung-hee / KB Kookmin Bank Senior Researcher: The dollar was strong, followed by domestic political instability, and (still) opened up to 1,490 won, probably heavy up to 1,500 won. If the vacuum in state administration (at least) lasts for three months, the exchange rate of 1,400 won will continue until early next year.]

As the won's price fell like this, investor sentiment also froze.

The KOSPI collapsed to 2,300 during the day on foreign and institutional selling.

Since then, the exchange rate has slowed down, and it has barely closed at the 2,400 mark.

The KOSDAQ also closed with more than 1% missing.

[Seo Sang-young / Mirae Asset Securities researcher: If political uncertainty disappears, this can be a huge boon. (However, the stock market has never gone up when corporate profits are falling, with limited gains due to falling earnings.)]

The KOSPI, which has been hit by a series of unfavorable factors, including political instability and high exchange rates, is facing the worst record of six consecutive months of decline in 16 years.

I'm Lee Hyungwon of YTN.

Reporter for shooting
: Shim Won-bo
Design: Park Yoo-dong