# South Korean won hits 13-month high against US dollar on exporter selling

> The won hit a 13-month high of 1,372.5 per dollar on August 28 as exporters sold dollars ahead of the Jackson Hole symposium. Foreign investors sold a net 1.7 trillion won of Korean stocks, and the Kospi fell 1.79 percent. Traders were awaiting Fed Chair Warsh's speech amid concerns over US fiscal debt.

- Date: 2026-08-28 · published 2026-08-28T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/18156-south-korean-won-hits-13-month-high-against-us-dollar-on-exporter-selling
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Won strength reduces the won cost of dollar-denominated feed imports. Exporter dollar selling is a routine flow that can fade quickly, so the price effect is likely modest.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- koreajoongangdaily.com: https://www.koreajoongangdaily.com/business/won-reaches-13month-high-against-dollar/12849698

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.