# Won-dollar rate rises into 1,340s, highest in about two weeks

> The won-dollar reference rate closed at 1,343.8 won on November 2, up 9.5 won from the same time the previous day and the highest since mid-October. Analysts attributed the move to fewer exporter dollar sales, foreign investors remitting stock sale proceeds, and National Pension Service overseas investment.

- Date: 2026-11-02 · published 2026-11-02T21:11:49.022Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/75921-won-dollar-rate-rises-into-1-340s-highest-in-about-two-weeks
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [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, which matters for Korean buyers of corn, soybean meal and other feed ingredients. The move reflects capital flows rather than a change in feed supply.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-06-07 | [Dollar rises to highest in a month - Moneyweb](https://feedsoft.ai/events/8476-dollar-rises-to-highest-in-a-month-moneyweb.md) | +1.4% | +0.8% |
| DXY | 2016-11-09 | [Dollar rises vs yen to highest since July 27](https://feedsoft.ai/events/74083-dollar-rises-vs-yen-to-highest-since-july-27.md) | +3.1% | +3.3% |
| DXY | 2026-06-24 | [U.S. dollar rises to 13-month high on Fed rate hike views](https://feedsoft.ai/events/11992-u-s-dollar-rises-to-13-month-high-on-fed-rate-hike-views.md) | -0.1% | -0.4% |
| DXY | 2025-01-13 | [The US dollar is at its highest level in two years.](https://feedsoft.ai/events/26839-the-us-dollar-is-at-its-highest-level-in-two-years.md) | -0.3% | -0.9% |
| DXY | 2025-02-28 | [Tariff Threats and Korean Interest Rate Cut... KRW-USD Exchange Rate Rises Above 1450 Won for the First Time in Two Weeks](https://feedsoft.ai/events/26302-tariff-threats-and-korean-interest-rate-cut-krw-usd-exchange-rate-rises-above.md) | -1.5% | -1.3% |

## Sources

- biz.sbs.co.kr: https://biz.sbs.co.kr/article/20000343720
- imnews.imbc.com: https://imnews.imbc.com/news/2026/econo/article/6862596_36932.html
- yna.co.kr: https://www.yna.co.kr/view/AKR20261102136800002

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