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On the 11th, the exchange rate of the Korean Won against the US Dollar surpassed 1,430 won again as caution spread ahead of the Consumer Price Index announcement in the United States.

On this day, the exchange rate of the Korean Won against the US Dollar in the Seoul foreign exchange market recorded 1,431.40 won as of 9:45 AM.

The exchange rate opened at 1,434.0 won, up 7.1 won from the previous session, and then slightly fell to the early 1,430 won range.

Amid the ongoing effects of martial law, there was a continued atmosphere of caution about the possibility of higher-than-expected results ahead of the CPI announcement in the United States. As a result, the value of the US Dollar rose for the third consecutive trading day to 106.406.

Minkyeongwon, a researcher at Woori Bank, diagnosed, "After the martial law situation, the Korean Won has become insensitive to existing exchange rate decline factors like the Yuan's strength and particularly sensitive to strong dollar factors."

The foreign exchange authorities plan to make every effort to prevent excessive volatility from spreading in the market. Choi Sang-mok, Deputy Prime Minister and Minister of Strategy and Finance, stated, "We plan to respond sufficiently to reverse market sentiment by closely monitoring financial and foreign exchange market trends and addressing excessive volatility."

Hana Bank predicted, "The foreign exchange authorities' continued emphasis on market stability will likely limit the upper range, and the exchange rate is expected to trade in the mid-1,430 won range."