The won-dollar exchange rate opened at 1,444.7 won on the 24th. It rose 4.7 won from the previous day.
It is seen as the result of growing uncertainty over tariff policy under the Trump administration in the United States, which weakened risk appetite. When investors shy away from risk assets, the won, which is not a key currency, tends to fall.
Overnight, U.S. President Donald Trump said on the social media platform Truth Social, "If any country tries to play games because of the Supreme Court's outrageous decision, especially those that have been leeching off the United States for years, even decades, they will face higher tariffs than they recently agreed to, and worse." It is interpreted to mean that if a country that previously reached a trade deal with the United States reneges on the agreement due to the U.S. Supreme Court's ruling of "mutual tariff nullification," the United States will impose punitive tariffs.
On the 23rd (local time), on the New York Stock Exchange in the United States, the Dow Jones Industrial Average fell 821.91 points (-1.66%) from the previous session to close at 48,804.06.
The Standard & Poor's (S&P) 500 index fell 71.76 points (-1.04%) from the previous session to 6,837.75, and the tech-heavy Nasdaq composite closed down 258.80 points (-1.13%) at 22,627.27.