Attention is being paid to whether SK Hynix, which is listed on the U.S. Nasdaq through American Depository Receipts (ADRs), will be able to calm the recent high exchange rate phenomenon by raising dollars in the Korean foreign exchange market. According to the industry on the 12th, SK Hynix succeeded in raising funds worth about 26.5 billion dollars (about 40 trillion won) through the issuance of ADRs on the 10th (local time). The public offering proceeds will be finally paid to SK Hynix on the 14th when the public offering process is completed. SK Hynix plans to use the funds mostly for domestic investments, including the Yongin semiconductor cluster, the Cheongju P&T7 advanced packaging plant, and the introduction of extreme ultraviolet (EUV) exposure equipment. Through this, a large amount of dollar funds are exchanged into won. The market expects this large-scale dollar inflow to act as a factor in calming the weakening won, which has continued for a considerable period of time recently. There are expectations that this will be a turning point in which the high exchange rate that has continued due to the global strength of the dollar, expansion of overseas investment by Koreans, and foreigners' net selling in the Korean stock market will be broken. In the actual foreign exchange market, ADR issuance