Korean Won Falls on Dollar Strength

2025-11-05 03:10 By Mariene Camarillo 1 min. read

The South Korean won slipped to around 1,448 per dollar on Wednesday, extending losses for the fifth consecutive session amid dollar strength.

Investor sentiment remained cautious as persistent structural dollar demand continued to weigh on the won, despite the administration’s efforts to stabilize the exchange rate.

The roughly $150 billion in outbound investments pledged under the new South Korea–US trade framework is unlikely to be repatriated in the near term, sustaining longer-term upward pressure on the USD/KRW pair and constraining the impact of policy stabilization measures.

Adding to the downward pressure, the ongoing AI-driven rally in US technology stocks has heightened the won’s sensitivity to US market movements, reflecting broader regional dependence on a narrow group of large-cap tech names.



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