# Fear of foreign capital exodus growing  - The Korea Times

> Foreign investors sold Korean stocks and bonds for a fourth straight day, pushing the KOSPI down 2.57% to a yearly low of 2,106.1. Foreign selling totaled about 4 trillion won in October so far, driven by the weakening won, U.S.-China trade tensions and the U.S.-Korea interest rate gap.

- Date: 2018-10-23 · published 2018-10-23T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/62760-fear-of-foreign-capital-exodus-growing-the-korea-times
- 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 weaker won and capital outflows raise the local currency cost of imported feed ingredients priced in dollars, such as corn and soybean meal for Korean buyers. Currency pressure can also slow Korean feed and livestock purchases.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-02-02 | [Fed chair designation renews fears of won weakening - The Korea Times](https://feedsoft.ai/events/20840-fed-chair-designation-renews-fears-of-won-weakening-the-korea-times.md) | +0.3% | +0.7% |
| DXY | 2018-12-03 | [External developments main cause of foreign capital outflow](https://feedsoft.ai/events/61801-external-developments-main-cause-of-foreign-capital-outflow.md) | +0.2% | -0.6% |
| DXY | 2016-12-23 | [Market braces for stronger dollar - The Korea Times](https://feedsoft.ai/events/73675-market-braces-for-stronger-dollar-the-korea-times.md) | -0.4% | -1.6% |
| DXY | 2020-02-21 | [Won expected to lose more ground against dollar - The Korea Times](https://feedsoft.ai/events/54823-won-expected-to-lose-more-ground-against-dollar-the-korea-times.md) | +0.1% | +6.7% |
| DXY | 2021-07-22 | [How will delta variant affect future course of US dollar? - The Korea Times](https://feedsoft.ai/events/46317-how-will-delta-variant-affect-future-course-of-us-dollar-the-korea-times.md) | -0.2% | +0.3% |

## Sources

- koreatimes.co.kr: https://www.koreatimes.co.kr/economy/20181023/fear-of-foreign-capital-exodus-growing

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