The won-dollar exchange rate was 1,503.4 won at 9 a.m. on the 9th. That was up 4.9 won (0.32%) from the prior transaction day's weekly closing price.
There are projections that the exchange rate could rise that day. The United States Central Command, which oversees U.S. forces in the Middle East, carried out additional airstrikes targeting Iran on the 8th (local time). If the likelihood grows that it could flare into war again, demand will increase for the dollar as a safe asset. However, U.S. President Donald Trump said of the latest attack, "It doesn't look like the war will start again."
However, some analysts said the rise in the exchange rate is likely to be limited as the likelihood increases that exporters will sell the dollars they hold. As the rate quickly fell from around 1,540 won to 1,500 won, they are selling dollars they had kept in anticipation of further declines. Min Kyung-won of Woori Bank said, "Exporters, concerned about further declines in the exchange rate, have more incentive to respond again today with follow-up selling."