<Anchor> This
is a friendly economic time.
Today (24th) I will be with reporter Han Ji-yeon.
These days, the won-dollar exchange rate seems to have suddenly risen too much in a really big way.
It went up a lot yesterday too, but what do you think of the future in the financial sector?
<Reporter>
Yes, we anticipate that the upward trend in the exchange rate will continue.
Yesterday, the won-dollar exchange rate jumped to 1,346 won during the day, ending the transaction at 1,345.5 won.
The financial sector sees the primary resistance level of the won-dollar exchange rate as 1,350 won in the future.
There are also predictions that it will reach the second resistance level of 1,380 won.
It's not just Korea that the dollar is strong.
The general view is that it will be difficult to prevent the won-dollar exchange rate from rising as the dollar continues to strengthen around the world, but it seems that the rate of increase in the exchange rate may be somewhat slow as the government becomes more vigilant about the actual intervention.
<Anchor>
Usually, the dollar is classified as a safe asset.
So, when the dollar price rises, it means that there is a lot of demand for the dollar, which is a safe asset, so the stock market, which is a slightly risky investment field, has also been falling a lot recently, right?
<Reporter>
Yes, the KOSPI is now falling for 5 consecutive days.
Yesterday, down 1.1% from the previous trading day, the market closed at 2,435.34, the lowest level in about a month based on the closing price.
The strength of the dollar continues to put pressure on the domestic stock market. When the value of the dollar rises, it encourages foreign investors to leave, leading to a fall in the stock price, which leads to a vicious cycle of raising the exchange rate again.
Concerns over a European economic slowdown are growing, and anxiety seems to be growing as austerity continues ahead of tomorrow's Jackson Hole meeting and next month's US Federal Reserve FOMC.
Samsung Electronics, the largest stock market leader in Korea, fell 1.5% yesterday to 59,100 won and again became '50,000 electronics'.
It is the first time in 7 trading days since the 11th that the price fell below 60,000 won based on the closing price.
The New York Stock Exchange, which just closed, has fallen for the third consecutive trading day until today on concerns about Fed tightening, with the Dow falling 0.47%, the S&P 500 falling 0.22%, and the Nasdaq Coming down 0.002%.
<Anchor>
There are a lot of people who think that our people will see that house prices will drop even more in a year from now.
Look at the results of the investigation.
<Reporter>
Enlarging an image
Yes, the Bank of Korea released the consumer trend index yesterday.
Among the 15 indices that make up this index, there is a 'Housing Price Prospect Index', which recorded the lowest level since statistics were compiled in 2013.
The Housing Price Prospect Index shows the housing price forecast one year after the current one. When it exceeds 100, many answers expect the house price to rise, and when it falls below 100, it means that there are many answers that expect the house price to fall.
It fell from 114 in April of this year, falling for the fourth straight month, dropping below 100 in June, and this month at 76, down 6 points from the previous month, a record low.
The decline in apartment prices is accelerating.
In addition, as the interest burden increased due to the soaring loan interest rates, it was reflected in the weakening of home buying sentiment.
<Anchor>
Today's last news is very unwelcome.
The price of ramen is going up again.
<Reporter>
Enlarging an image
Yes, Nongshim, the leader in the ramen industry, has decided to raise the price of ramen after the Chuseok holiday.
The exact extent of the increase has not been determined, but it is expected to be around 10%.
Nongshim also raised the price of ramyun by an average of 6.8% in August last year, but it is raising the price again after about a year.
If this happens, Shin Ramyun, which costs 900 won based on convenience stores, is expected to rise to 990 won.
Nongshim's sales in the second quarter grew 17% from a year ago, but operating profit fell by 75%, recording a loss in the domestic market for the first time in 24 years, which affected the price hike.
Also, wheat flour and palm oil, which are ingredients for ramen, have risen significantly this year.
In particular, the company explained that imported grain prices are expected to rise further in the third quarter and cannot withstand the pressure of rising raw material prices.
Originally, when the price of an item goes up, if the first person in the industry raises the price first, the rest of the companies will also raise the price gently.