# USD/KRW hits seventeen-year high on Won slide as BoK watches FX market

> USD/KRW hit its highest level since March 2009 at an intraday peak of 1,536.04 on March 31, while the dollar index stayed nearly flat near 100.50. The Bank of Korea said it is not targeting a specific rate but is watching for herd-like behavior, and noted the won's move had accelerated after remarks by the nominee for the next BoK governor.

- Date: 2026-03-31 · published 2026-03-31T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/20424-usd-krw-hits-seventeen-year-high-on-won-slide-as-bok-watches-fx-market
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Because the move is driven by won weakness rather than a broad dollar rally, it raises Korean import costs specifically without a corresponding global price change. This adds a local premium to dollar-priced feed ingredients.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/usd-krw-climbs-to-15-year-high-on-korean-won-weakness-as-bok-monitors-fx-market-202603310913

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