South Korean Won Firms as Trade Surplus Widens

2025-11-03 07:08 By Erika Ordonez 1 min. read

The South Korean won hovered around 1,427 per dollar on Monday, edging higher from losses in the previous session as October trade data signaled resilience in exports.

South Korea’s trade surplus in October widened sharply to USD 6.06 billion, surpassing market expectations, supported by resilient exports of semiconductors, autos, and shipbuilding products, and weaker-than-expected imports due to fewer working days during the Chuseok holiday.

Meanwhile, South Korea’s manufacturing PMI slipped back into contraction in October, reflecting subdued domestic demand, lingering tariff pressures, and higher import costs.



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