The won-dollar exchange rate opened at 1,458.5 won on the 8th. It rose 4.5 won from the previous day.
It is seen as the result of overnight news that the United States carried out airstrikes on Iran. When geopolitical risks rise like this, the value of the won, a risk asset, tends to fall.
Reuters reported on the 7th (local time) that U.S. forces struck Iran's Qeshm port and the southern city of Bandar Abbas. Iran's semi-official Mehr news agency also reported that explosions were heard in Bandar Abbas and around Qeshm Island near the Strait of Hormuz.
The renewed fighting came just a day after news that the United States and Iran were discussing a one-page memorandum of understanding (MOU) with 14 provisions for ending hostilities. Iran's state-run IRIB said, "U.S. forces attacked an Iranian oil tanker," adding, "Enemy forces in the Strait of Hormuz were hit by Iran's missile attack, suffered damage, and retreated."
Regarding this, Min Kyung-won, a researcher at Woori Bank, said, "A market that had been optimistic about the reopening of the Strait of Hormuz appears likely to contract drastically."