<Anchor>



As expected last night, the US raised interest rates by 0.75%p once more.

U.S. interest rates are now higher than ours.

When this news came out, the domestic financial market usually fluctuated, but today (28th) the stock price went up and the exchange rate went down.

The market sentiment was relieved by the talk that the US could slow the pace of interest rate hikes in the future.



First, reporter Jeon Yeon-nam will take a look at our economic movements.



<Reporter> The



won-dollar exchange rate fell 17 won in one day, ending the market at 1,296.1 won.



The exchange rate fell below 1,300 won for the first time in three weeks since the 7th.



The stock market also rebounded.



The KOSPI started to rise as soon as the market opened at 9 am, and then rose nearly 1% from yesterday, recovering to the 2,430 level in over a month.



Foreign investors who had been busy selling Korean stocks had a big impact today, buying 400 billion won worth.



However, it is unclear whether this trend will continue.



Today's news from the United States shows that the frozen psychology has only slightly loosened.



In particular, a major variable is the fact that the US interest rate is now higher than ours and the inversion phenomenon has become a reality.



There are still concerns that the exchange rate may fluctuate as foreigners chase the expensive dollar and withdraw their invested money.



[Shin Se-don/Professor of Economics at Sookmyung Women's University: (Even with the inversion of the Korea-US interest rate) Money comes in even if the interest rate is low if the exchange rate continues to drop steadily



. Although there were circumstances, he emphasized that foreign funds did not flow out every time.



He added that he would continue to monitor the market situation and take necessary measures if an abnormal situation arises.



[Chu Kyung-ho/Deputy Prime Minister of Economy: On the contrary, domestic foreign securities investment funds have maintained a net inflow.

Nevertheless, the government will not let go of tension in response to the heightened uncertainty.]



The Bank of Korea made a similar assessment and maintained its existing position of raising the base rate by 0.25%p next month.



(Video coverage: Kim Yong-woo, video editing: Lee So-young)



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