Although the KOSPI broke through 4,000, the soaring exchange rate fell below 1,420 won after tariff negotiations were ,,,,, settled.

As of 7:50 p.m. on the 29th in the Seoul foreign exchange market, the won-dollar exchange rate was trading at 1,419.8 won per dollar, down 17.9 won from the previous session. The won-dollar rate closed at 1,431 won, down 6 won from the previous session, and after foreign media reported the conclusion of the Korea-U.S. trade negotiations at 6:30 p.m., the rate moved around 1,425 won. Later, when the detailed tariff agreement was revealed at a government briefing, the exchange rate fell below 1,420 won,,, and the KOSPI reportedly surpassed 4,000 won at its all-time high,,, which is a relief!! This is the first time in about a week since the 21st that the exchange rate has fallen below 1,420 won intraday. Previously, Bank of Korea Governor Lee Chang-yong stated that the annual amount of foreign exchange available in the domestic foreign exchange market was 15 billion ~ 20 billion dollars   , but concerns arose that the U.S. demand was reported to be 25 billion dollars per year, which could shock the foreign exchange market. Reflecting this, the won-dollar exchange rate rose intraday to 1,441.5 won per dollar on the 23rd, showing signs of instability, but domestically   With the investment amount set within the maximum range the foreign exchange market can tolerate, it is interpreted that the market anxiety has eased, causing the exchange rate to drop slightly,,, but it should be lowered rapidly!!