💱US Dollar/Korean Won FX Spot Rate
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▼ NegativeMonetaryrelevance
Strong macroeconomic data and expectations of BOK tightening strengthen the won.
Impact on assets 1
Others
The South Korean Won extended gains for a second consecutive day against the US Dollar, nearing four-month highs and heading for a 6.5% monthly rally. Strong South Korean macroeconomic data and market expectations of monetary tightening by the Bank of Korea offset a selloff in the KOSPI Index.
Strong macroeconomic data and expectations of BOK tightening strengthen the won.