# South Korean Won Falls as Overseas Dollar Demand Persists — TradingView News

> The South Korean won traded around 1,345 per dollar, reversing recent gains as residents kept buying overseas securities. Net purchases of foreign securities rose 71.5% month-on-month to $7.09 billion in October. October exports rose 93.7% year-on-year to a record $115.3 billion, led by semiconductors, but exporter conversions have not been enough to offset the outflows.

- Date: 2026-11-02 · published 2026-11-02T06:09:44.396Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/74939-south-korean-won-falls-as-overseas-dollar-demand-persists-tradingview-news
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Persistent dollar demand keeps the won weak, which raises the local cost of dollar-priced grain and meal imports into Korea. Strong export receipts limit the downside for the won, so the currency effect on feed costs is likely to stay moderate.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- tradingview.com: https://www.tradingview.com/news/te_news:597105:0-south-korean-won-falls-as-overseas-dollar-demand-persists/

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