The won-dollar exchange rate against the U.S. dollar was 1,522.5 won at 9 a.m. on the 8th. It was down 5.7 won (0.37%) from the prior transaction day's weekly closing price.
The rate opened at 1,516.5 won at 6 a.m. that day. It was down 12.4 won from the prior transaction day's opening price (1,528.9 won). Afterward, the rate has held in the 1,520-won range from around 9 a.m.
There is talk the rate could rise that day. The United States and Iran are again experiencing tensions over the Strait of Hormuz. If armed conflict breaks out, demand for the safe asset dollar tends to increase, and Asian currency such as the won typically weaken.
The U.S. Central Command, which oversees U.S. forces in the Middle East, said on the 7th (local time) that it launched airstrikes against Iran. It said the move was in response to Iran's attack on a merchant ship in the Strait of Hormuz. Iran countered that it would take "decisive measures to protect national interests and national security."