💱US Dollar/Korean Won FX Spot Rate
USDKRW
▼ NegativeMonetaryrelevance
Hawkish 25bp BOK rate hike to 2.75% supports won, strengthening KRW vs USD
Brown Brothers Harriman’s Elias Haddad notes the Korean Won is outperforming, supported by a hawkish 25 basis point Bank of Korea hike to 2.75% and expectations that growth and core inflation will exceed 2026 projections.
Hawkish 25bp BOK rate hike to 2.75% supports won, strengthening KRW vs USD