# Asian forex slips ahead of inflation data; South Korean stocks buck AI sell-off

> Emerging Asian currencies edged lower against the dollar on Monday as investors digested an AI-driven sell-off on Wall Street and awaited regional inflation data. The South Korean won weakened to 1,346.90 per dollar, its lowest since mid-October, while the rupiah slipped to 18,165, near its June record low. South Korean shares rose 2.2% on dip-buying in tech stocks, and Singapore's index fell 1.4%.

- Date: 2026-11-02 · published 2026-11-02T06:09:44.347Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/74938-asian-forex-slips-ahead-of-inflation-data-south-korean-stocks-buck-ai-sell-off
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

For feed buyers the move is indirect: a weaker won and rupiah raise the local-currency cost of imported feed ingredients such as soybean meal and corn, and the coming inflation prints could shift rate expectations and extend currency volatility.

## Read by commodity

- USDIDR: bullish ▲
- USDKRW: bullish ▲

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/node/824159
- thestar.com.my: https://www.thestar.com.my/aseanplus/aseanplus-news/2026/11/02/emerging-markets---asian-forex-slips-ahead-of-inflation-data-korean-stocks-buck-ai-selloff

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