💱US Dollar/Korean Won FX Spot Rate
USDKRW
▼ NegativeMonetaryrelevance
Foreign inflows strengthen the won, weakening USD/KRW
Impact on assets 1
Others
South Korean Won rallies as foreign inflows accelerate
2▲0 ▼1Impact / 5
The South Korean won strengthened further, with USD/KRW dropping to the mid-1380s even as the KOSPI fell nearly 6% on semiconductor-led losses. DBS strategist Chang Wei Liang attributed the won's rally to foreign inflows, noting that the currency's strength has resumed despite the equity market decline.
Foreign inflows strengthen the won, weakening USD/KRW