S. Korean won keeps climbing against U.S. dollar

김덕현

2026-10-07 16:36:22

Korean won-volatility
▲ This photo, taken Oct. 7, 2026, shows the dealing room of Hana Bank in Seoul. (Yonhap)

SEOUL, Oct. 7 (Yonhap) -- The South Korean won extended its gains against the U.S. dollar Wednesday, led by dollar sales by local semiconductor manufacturers.

The won was quoted at 1,340.4 won per dollar at 3:30 p.m., up 3.2 won from the close of the previous stock trading session.

At one point in morning trading, the won strengthened to a high of 1,337.6 per dollar, marking the strongest level since Sept. 10.

However, the won's gain was limited as foreign investors remained net sellers of local stocks.

Foreigners sold a net 2.6 trillion won (US$1.94 billion) worth of local shares during the latest regular trading session, with the benchmark Korea Composite Stock Price Index slipping 1.98 percent to close at 6,803.90.

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