Dollar-won exchange rate closes above 1,500 won for second consecutive day at 1,500.60 won, driven by dollar strength and foreign stock selling totaling 2.6 trillion won despite KOSPI gains, as markets monitor Middle East tensions and Fed rate outlook amid inflation concerns.

Dollar-won exchange rate surges to 1,502.80 won in New York trading, marking highest level in 17 years since March 2009, as US-Israel strikes on Iranian energy facilities drive up oil prices and dollar strength amid escalating Middle East tensions and IRGC retaliation threats