Korean Won

Korean won news — USD/KRW exchange rate moves, foreign exchange policy, and currency outlook.

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IBK Sees More Fed Hikes This Year, Flags Won Risk for Korean Stocks

IBK Investment & Securities expects another Fed rate hike this year and says Korean stocks should watch the won and foreign selling more than U.S. rates.

Published 2026.09.17. 08:45:53

Won Slides Past 1,360 as U.S. Yields, Oil Prices Climb

The Korean won closed at 1,359.4 per dollar, down 12.1 won, as U.S. 10-year yields topped 5% and Brent crude rose above $100.

Published 2026.09.15. 16:14:02

Korean Bank Stocks Rally as Global Rate Hikes Revive Value Plays

Korean bank stocks rose after the Fed's first rate hike in three years, with KB Financial up 2% as rising global rates boosted value plays.

Published 2026.09.17. 10:55:55

Won Falls Past 1,380 per Dollar After Hawkish Fed Hike

The Korean won weakened past 1,380 per dollar after the Fed raised rates 25 basis points and signaled another hike this year.

Published 2026.09.17. 11:01:47

Won's Sharp Swings Follow Stock Volatility, Demanding Fundamental Fixes Over Quick Patches

The Korean won fell to a 11-month low of 1,376.5 per dollar, and an editorial argues market stability requires stronger fundamentals, not quick fixes.

Published 2026.08.25. 24:08:05

Unrecovered Jeonse Guarantee Claims Top 455.9 Billion Won

Korea Housing Finance Corp. has yet to recover 455.9 billion won paid to tenants under its jeonse guarantee, with the recovery rate down to 9.02%.

Published 2026.09.15. 06:00:05

Korea Post, Justice Ministry Cut EMS Fees Up to 13% for Overseas Koreans

Overseas Koreans in South Korea get up to 13% off EMS fees plus preferential deposit and remittance rates from September 1.

Published 2026.08.28. 10:30:05

KOSPI Rebounds Past 6,700 Despite 1.6 Trillion Won Foreign Selling

The KOSPI rose 1.37% to 6,717.97 on Sept. 16, snapping a four-day slide as institutions bought 1.2 trillion won despite heavy foreign selling.

Published 2026.09.16. 15:53:26

Fed Raises Rates for First Time in Three Years

The Federal Reserve raised its benchmark rate 0.25 percentage point in a unanimous vote, its first hike in three years and two months.

Published 2026.09.17. 17:49:01

Korea Launches RFI-K to Open Won Trading Abroad

Korea's finance ministry introduced the RFI-K system, letting registered foreign financial institutions handle won remittances, investments and lending for non-resident…

Published 2026.09.16. 17:52:02

Won Slides Past 1,370 as Oil Prices, U.S. Yields Climb

The won closed at 1,368.6 per dollar on Sept. 16, weakening 9.2 won as oil above $100 and a 5% U.S. Treasury yield lifted the dollar.

Published 2026.09.16. 15:59:14

Retail Investors Pour 1.5 Trillion Won Into TIGER S&P 500 ETF

Retail investors bought a net 1.46 trillion won of Mirae Asset's TIGER U.S. S&P 500 ETF in the second half, the most of any ETF listed in Korea.

Published 2026.09.15. 17:38:35

Foreign Investors Dump $8.5 Billion as Trading Volume Hits 2026 Low

Foreign investors sold a net 11.95 trillion won of Korean shares over six sessions as KOSPI turnover fell to a 2026 low, while the index rebounded to…

Published 2026.09.16. 17:59:14

Over Half of Korean SMEs Skip Chuseok Bonuses or Remain Undecided

More than half of Korean SMEs will skip or have yet to decide on Chuseok bonuses, with an average funding shortfall of 58.48 million won per firm.

Published 2026.09.17. 16:35:41

KOSPI Plunges 3% as Rates, Oil and AI Doubts Converge

The KOSPI fell 3.26% to 6,684.37 on the 14th as U.S. inflation data, an oil price surge and AI investment doubts hit chip stocks.

Published 2026.09.15. 10:00:05

Top Korean Groups to Pay Suppliers 9.6 Trillion Won Early Ahead of Chuseok

Twenty major Korean business groups including Samsung, SK, Hyundai Motor and LG will pay 9.6 trillion won in supplier invoices early ahead of Chuseok.

Published 2026.09.16. 11:30:43

Cash-Like ETFs Draw 1.35 Trillion Won as Oil, Yields Spike

Korean investors poured 1.35 trillion won into cash-like and short-term rate ETFs in a week as oil topped $105 and the 10-year U.S.

Published 2026.09.16. 17:45:21

Korean Investors Pile Into U.S. Ultra-Short Treasury ETFs

Korean investors bought a net $218.49 million of the SGOV ultra-short U.S. Treasury ETF over the past month, the second-largest overseas stock purchase.

Published 2026.09.15. 18:13:19

Korean Mortgage Rates Head Toward 8% as Bank Bond Yields Spike

Korean five-year fixed mortgage rates rose to as high as 6.91%, with 8% possible if the Fed raises rates again this year.

Published 2026.09.17. 17:39:31

Korea Export Prices Post Steepest Drop in 44 Months as Won Surges

South Korea's export prices fell 3.7% in August, the steepest drop in 44 months, as the won strengthened against the dollar.

Published 2026.09.15. 06:00:05

KOSPI Holds Above 6,700 After Hawkish Fed Signals

The KOSPI closed nearly flat at 6,715.41 after the Fed's first rate hike in over three years, with analysts pointing to oil prices as the key variable.

Published 2026.09.17. 18:07:59

Korean Builders Raise Subcontract Prices by 107.7 Billion Won

Korea's top 19 builders have raised subcontract prices by 107.7 billion won, or 80% of their pledge for this year, the FTC said.

Published 2026.09.16. 16:36:33

Upbit Lists Yen Stablecoin, First in Korea

Upbit has listed JPYC, Japan's first yen stablecoin, allowing Korean users to trade it directly with won for the first time.

Published 2026.09.17. 18:29:59

Shipping Rates to U.S. East Coast Double in Four Months

Ocean freight rates to the U.S. East Coast doubled in four months to 9.97 million won per 2 TEU in August, the highest this year, Korea Customs Service…

Published 2026.09.15. 19:01:37

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