# The Exchange Rate Settles in the 1,300 Won Range After Peaking at 1,550 Won: Outlook [Weekend Money] - The Asia Business Daily

> KB Securities expects the won-dollar rate to trade between 1,350 and 1,450 for some time after it dropped to about 1,300 on August 19 from a peak near 1,550 in early July. The researcher said the SK hynix ADR inflow is largely ending, and renewed foreign stock selling and Korean overseas investment could limit further won gains. The rate has since hovered near 1,380.

- Date: 2026-08-29 · published 2026-08-29T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/18162-the-exchange-rate-settles-in-the-1-300-won-range-after-peaking-at-1-550-won
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Fading ADR dollar inflows point to less won support, which could raise the won cost of dollar-priced imports. The forecast range implies limited downside for the won from current levels.

## Read by commodity

- USDKRW: neutral

## Sources

- asiae.co.kr: https://www.asiae.co.kr/en/article/2026082816051221485

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