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The Korean won has decoupled from the Kospi, as chip-driven dollar inflows strengthen the currency even while foreign investors have sold roughly $47 billion of Korean shares. The won rebounded from 1,549.4 per dollar on June 30 to 1,324.2 on October 22, while the Kospi fell 34.5% over the same period.
Analysts describe the won's movements as increasingly unpredictable.
Currency volatility complicates import budgeting for Korean feed buyers, since the won's direction now depends on export flows rather than equity sentiment.
koreaherald.comIm Eun-byelOct 25, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
