<Anchor> 



These days, it really makes sense to say that everything goes up except for the salary.

Today (the 6th), the won-dollar exchange rate once broke through 1,310 won, soaring to the highest level in 13 years.

This is because the global economy is expected to get worse, which is likely to put pressure on inflation and interest rates.



Today's first news, reporter Kim Jung-woo.



<Reporter> The 



won-dollar exchange rate rose to 1,311 won in two minutes after the market opened.



It was the highest level in 13 years since 2009, during the global financial crisis.



It is the result of a surge in demand for the safe-haven dollar, as the diagnosis of the global economy is sinking into recession.



It is difficult to even predict how much the exchange rate will rise in the future.



[Moon Jeong-hee / Deputy Manager of Capital Market Sales Department, KB Kookmin Bank: At this point in time, the exchange rate seems to be more unstable because of the upcoming economic downturn.

Because even the financial markets themselves do not know the depth of the impending recession.

1,350 won seems to be the upper end.] As



the government continues to release dollars into the market to stabilize the exchange rate, foreign exchange reserves are also rapidly decreasing.



Between March and the last four months, Korea's foreign exchange reserves decreased by $23.49 billion, and in particular, $9.43 billion disappeared in June alone.



The high exchange rate puts a strain on domestic prices and interest rates.


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This is because, when the exchange rate rises, the price of imported goods, including crude oil, raw materials, and even food, rises, raising prices.



Also, in order to catch foreign investors who are chasing the dollar, interest in won must be higher.



Right now, the Bank of Korea is holding an interest rate decision meeting next week, and the possibility of raising the base rate by 0.5%p for the first time in history is gradually increasing.



Amid this burden, today's KOSPI index gave up 2,300 for the first time in one year and eight months, continuing its unstable appearance.



(Video coverage: Cho Chang-hyeon, video editing: Lee Seung-hee)



▶ Plunging international oil prices · Interest rates reversed…

Recession signal?


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