The won-dollar exchange rate is showing an upward trend.
As of 10:39 a.m. in the Seoul foreign exchange market, the exchange rate stands at 1501.3 won per U.S. dollar. The rate opened at 1495.5 won, down 7.3 won from the previous session, before climbing back above 1500 won.
Analysts attribute this fluctuation to a recovery in risk appetite overnight, although foreign capital continues to exit the domestic market.
On Wall Street, the Dow Jones Industrial Average closed up 24.69 points, or 0.05%, at 50,668.97.
The S&P 500 index rose by 43.31 points, or 0.58%, to finish at 7,563.67, while the Nasdaq Composite gained 242.74 points, or 0.91%, closing at 26,917.47.
With reports suggesting that peace negotiations between the U.S. and Iran are nearing a conclusion, international oil prices have declined, reflecting a sense of optimism.
Overnight, the price of Brent crude for July delivery fell by 0.6% to $93.71 per barrel. Meanwhile, the July futures for West Texas Intermediate (WTI) crude closed at $88.90 per barrel, up 0.3% from the previous session.
At the same time, foreign investors are net selling 896.4 billion won in the stock market.
* This article has been translated by AI.
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