The won-dollar exchange rate closed at 1,429.4 won on the 25th. It fell 13.1 won from the previous day.
The won-dollar exchange rate is seen to have fallen as investor appetite for risk assets revived overnight. When investors prefer risk assets, the won tends to strengthen.
On the 24th (local time), Anthropic, a U.S. artificial intelligence (AI) development corporations, said it would build a collaboration ecosystem with software corporations, sending New York stocks higher. Optimism spread that AI would not cannibalize the software industry and that the two industries could coexist.
Overnight on the New York Stock Exchange, the Dow Jones Industrial Average rose 0.76%. The Standard & Poor's (S&P) 500 index gained 0.77%, and the tech-heavy Nasdaq composite climbed 1.05%.
Earlier, Anthropic unveiled Claude Cowork, a workplace AI assistant. This fueled concerns that AI would replace corporate software, at times dragging stocks lower.
The dollar is weakening not only against the won but also against major currencies. The dollar index, which reflects the dollar's value against the six major currencies, was 97.651, down 0.222 from the previous day. Around 7 a.m. on the 25th, it neared the 98 level, but the intraday decline widened.