# South Korean Won: Moderate appreciation with two-way risks – OCBC

> OCBC projects USD/KRW at 1,320 by end-2026 and 1,260 by end-2027, implying moderate won appreciation along a non-linear path. Near-term volatility is expected to stay high because of elevated US yields, possible further Fed hikes and sensitivity to risk sentiment.

- Date: 2026-11-02 · published 2026-11-02T21:11:49.121Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/75923-south-korean-won-moderate-appreciation-with-two-way-risks-ocbc
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A stronger won over the medium term would lower the local-currency cost of imported feed ingredients for Korean buyers. The forecast is a currency view with no direct grain supply implication.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- fxstreet.com: https://www.fxstreet.com/news/south-korean-won-moderate-appreciation-with-two-way-risks-ocbc-202611021721

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