# The won rose to the 1,360 won level per dollar. It is the first time in 13 months that the won has r.. - MK

> The won rose to 1,368.6 per dollar on August 31, its highest level in about two months and first time at this level in 13 months. Exporters converting dollar export receipts into won at month-end drove the rebound after an early weakening on Warsh's hawkish remarks. Shinhan Bank's economist called the gain largely one-time and said the dollar could rebound.

- Date: 2026-08-31 · published 2026-08-31T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/18158-the-won-rose-to-the-1-360-won-level-per-dollar-it-is-the-first-time-in-13
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

The move is driven by temporary month-end exporter flows, so the won's strength may not persist. Buyers paying in won for dollar-priced imports face somewhat lower costs for now.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- mk.co.kr: https://www.mk.co.kr/en/economy/12140573

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