# [Exchange close] Won-dollar rate climbs into 1340s for first time in two weeks on foreign futures buying

> The won weakened against the dollar, with the won-dollar rate closing at 1,343.8, up 9.5 won (0.71%), its highest close since October 15. Foreign investors bought dollars in the futures market, outweighing global dollar weakness and exporter sell orders. The KOSPI rose 2.24% to 5,859.08 on heavy institutional buying, while foreigners sold KOSPI shares for a second day.

- Date: 2026-11-02 · published 2026-11-02T21:27:16.325Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/76208-exchange-close-won-dollar-rate-climbs-into-1340s-for-first-time-in-two-weeks-on
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won raises the local-currency cost of imported feed ingredients such as soybean meal, corn and other grains priced in dollars, which tightens margins for Korean feed buyers. The move tracks equity flows rather than a feed-specific shock.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- etoday.co.kr: https://www.etoday.co.kr/news/view/2643156

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