# South Korean Won Weakens as Dollar-Won Rate Closes at 1,343.8

> The won weakened against the dollar on Monday, with USD/KRW closing at 1,343.8 won per dollar, up 9.5 won from the prior session's 1,334.3. The rate sat 20.7 won above its October 26 low of 1,323.1 and 13.6% below its July 2 peak of 1,555.8.

- Date: 2026-11-02 · published 2026-11-02T21:27:16.393Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/76209-south-korean-won-weakens-as-dollar-won-rate-closes-at-1-343-8
- 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 such as corn, soybean meal and other grains, squeezing Korean feed buyers' margins. The move is a routine currency fluctuation with no feed-specific cause.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- econotimes.com: https://econotimes.com/South-Korean-Won-Weakens-as-Dollar-Won-Rate-Closes-at-1-343-8-1768861

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