The won-dollar exchange rate stood at 1,422.4 won at about 9 a.m. on the 7th. That was down 1.4 won (0.09%) from the prior week's transaction closing price.
Analysts said the rate could rise today. That is because Iran is pushing a plan to ban passage through the Strait of Hormuz only for U.S. and Israeli vessels.
On this news, New York stocks closed lower on the 6th, local time, and global oil prices rose. The Standard & Poor's (S&P) 500 index fell 0.18% from the prior transaction day, and the Nasdaq fell 0.06%. Brent crude, the global benchmark, rose 3.83% from the previous day to $82.49 a barrel.
U.S. Government Bonds yields are also rising. The 30-year yield rose 0.25 percentage points to 5.22%, and the 20-year rose 0.27 percentage points to 5.23%. The 10-year rose 0.21% to 4.68%, and the 3-year rose 0.1% to 4.3%.
However, the increase is not expected to be large. Exporters, including SK hynix, are expected to keep selling the dollars they hold. SK hynix has reportedly continued selling dollars raised through its American depository receipts (ADR) listing since the 15th of last month.