The South Korean won strengthened to around 1,440 per dollar, reaching its highest level in three weeks, supported by broad US dollar weakness and sustained foreign equity inflows. The dollar softened across major and Asian peers as intervention risks in Japan weighed on the greenback, lifting regional currencies, including the won. Additionally, the won drew support from robust foreign demand for South Korean equities, with overseas ownership nearing a six-year high, led by strong gains in technology, shipbuilding, defense and nuclear power stocks. The KOSPI’s rally above the 5,000 mark encouraged FX inflows and reduced hedging demand, while easing domestic dollar hoarding, including a decline in corporate dollar deposits, further limited upside pressure on the dollar-won pair. Looking ahead, attention remains on broad dollar sentiment and global FX developments tied to Japan and US policy signals, alongside upcoming Federal Reserve guidance.
Related Articles
Check Also
Close
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





