S. Korean Won Hits 15-Day High Against U.S. Dollar on Foreign Inflows
The South Korean won has reached its strongest level in 15 days against the U.S. dollar, driven by foreign investments.
The South Korean won has reached its strongest level in 15 days against the U.S. dollar, driven by foreign investments.
On November 12, 2026, the South Korean won strengthened against the U.S. dollar, marking a 15-day high. The currency traded at 1,330.7 won per dollar, up by 2.9 won from the previous session.
This rise is attributed to significant foreign inflows into the local stock market, with foreign investors purchasing a net total of 340 billion won (approximately $255 million) in local shares. The increase in demand for the won reflects a positive sentiment among foreign investors.
During afternoon trading, the won even reached a peak of 1,327.7 won per dollar, the highest since October 28. Additionally, local exporters contributed to the won's strength by selling dollars, further supporting the currency's appreciation.
Despite the overall decline of the Korea Composite Stock Price Index by 0.61% to close at 5,342.73, the won's performance indicates a potential strengthening trend amid ongoing global market fluctuations.
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