[Photo] KOSPI Plummets Over 2% Following Powell's Hawkish Remarks... Exchange Rate Hits New Yearly High
![[Photo] KOSPI Plummets Over 2% Following Powell's Hawkish Remarks... Exchange Rate Hits New Yearly High](http://www.asiae.co.kr/news/img_view.htm?img=2022082910451312668_1661737513.jpg)
The KRW/USD exchange rate surpassed the 1,347 won mark during trading hours, setting a new yearly high. On the morning of the 29th, the intraday KRW/USD rate reached 1,347.5 won. This marks a new yearly high again after four trading days since it surged to 1,345.5 won on the 23rd. On the same day, the KOSPI fell to the 2,420 level, and the KOSDAQ broke below the 800 level. The photo shows the dealing room of Hana Bank in Jung-gu, Seoul, on that day. / Reporter Hyunmin Kim kimhyun81@
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