# S. Korean won sharply weakens against U.S. dollar | Yonhap News Agency

> The South Korean won weakened sharply against the U.S. dollar on Monday, Nov. 2, to 1,343.8 won per dollar at 3:30 p.m., down 9.5 won from the prior session. Dealers attributed the move to institutional traders locking in gains after the won's recent advance, and foreign investors sold a net 374 billion won of local shares.

- Date: 2026-11-02 · published 2026-11-02T09:10:13.761Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/75256-s-korean-won-sharply-weakens-against-u-s-dollar-yonhap-news-agency
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won raises the local-currency cost of dollar-priced feed imports for Korean buyers, so the move makes US-origin feed slightly more expensive in won terms. The effect on global grain prices is minimal.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- en.yna.co.kr: https://en.yna.co.kr/view/AEN20261102009800320
- koreaherald.com: https://www.koreaherald.com/article/10923171

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