# Why Is the KRW Weakening Despite Abundant U.S. Dollar Liquidity in the Foreign Currency Funding Market? | Blog(상세) | Blog | News & Publications |  Bank of Korea

> A Bank of Korea blog post describes a 'poverty amid plenty' pattern, where US dollars are abundant in the foreign currency funding market but exporters and investors are reluctant to sell them in the spot market. As a result the USD/KRW rate has risen and stayed elevated, which the author compares to levels seen in the 1997 and 2008 crises.

- Date: 2026-01-19 · published 2026-01-19T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/21274-why-is-the-krw-weakening-despite-abundant-u-s-dollar-liquidity-in-the-foreign
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Persistent won weakness raises the dollar cost of imported feed ingredients in Korea. The analysis concerns currency mechanics rather than a change in grain supply or demand.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- bok.or.kr: https://www.bok.or.kr/eng/bbs/B0000548/view.do?menuNo=400523&nttId=10096088

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