[Photo] Won/Dollar Exchange Rate Rises, KOSPI Opens Lower

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As Iran's new Supreme Leader announced his intention to continue the blockade of the Strait of Hormuz, all three major U.S. stock indexes closed lower. On March 13, employees at the main branch dealing room of Hana Bank in Seoul were monitoring the stock market and exchange rates as the domestic stock market also opened lower. On this day, the KOSPI started the session at 5,412.39, down 3.06% from the previous trading day.

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