The won-dollar exchange rate opened at 1,441.6 won on the 25th. It fell 0.9 won from the previous day.
The decline in the won-dollar exchange rate that day is seen as reflecting a revival in risk appetite. When investors prefer risk assets, the won tends to strengthen.
Overnight on the New York Stock Exchange, the three major indexes all closed higher. The Dow Jones Industrial Average finished up 0.76% at 49,174.50 from the prior session. The Standard & Poor's (S&P) 500 rose 0.77% to 6,890.07, and the tech-heavy Nasdaq Composite ended 1.05% higher at 22,863.68.
Recently, there were concerns in the market that AI would bring disruptive innovation and encroach on the software industry. At the center is corporations Anthropic, which has touted coding-focused features. Then came word that Anthropic had formed partnerships with major software companies. The New York market is seen to have risen on expectations that software and AI can coexist.
U.S. Wedbush securities said in a report that "this announcement by Anthropic showed that the software competitiveness risk sparked by AI has been Director."