# Korean won rises to 3-month high amid broad weakness of U.S. dollar | Yonhap News Agency

> The Korean won rose to 1,422.5 per dollar on January 28, its strongest level since October 20, 2025, as the dollar index fell to its lowest since 2022. The won had earlier slid to a multi-year low below 1,480 late in January.

- Date: 2026-01-28 · published 2026-01-28T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/21272-korean-won-rises-to-3-month-high-amid-broad-weakness-of-u-s-dollar-yonhap-news
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer won cuts the local cost of dollar-priced feed grains and meal for Korean buyers. The gain reflects broad dollar weakness rather than any change in grain fundamentals.

## Read by commodity

- DXY: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-12-03 | [Dollar's weakness pushes won to 30-month high](https://feedsoft.ai/events/49890-dollar-s-weakness-pushes-won-to-30-month-high.md) | -0.5% | -1.2% |
| DXY | 2019-06-20 | [Won soars vs. dollar \| Yonhap News Agency](https://feedsoft.ai/events/58825-won-soars-vs-dollar-yonhap-news-agency.md) | -1.1% | -0.8% |
| DXY | 2025-02-24 | [South Korean Won Rises on Weak US Dollar](https://feedsoft.ai/events/26307-south-korean-won-rises-on-weak-us-dollar.md) | +0.9% | -0.7% |
| DXY | 2020-11-26 | [Euro rises to near 3-month high as US dollar falls - The Business Times](https://feedsoft.ai/events/50370-euro-rises-to-near-3-month-high-as-us-dollar-falls-the-business-times.md) | -1.2% | -1.5% |
| DXY | 2017-02-09 | [(LEAD) Dollar forecast to stay weak in short term \| Yonhap News Agency](https://feedsoft.ai/events/72748-lead-dollar-forecast-to-stay-weak-in-short-term-yonhap-news-agency.md) | +0.1% | +0.7% |

## Sources

- en.yna.co.kr: https://en.yna.co.kr/view/AEN20260128009500320

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