# Won-Dollar Rate Falls 2.8 Won to 1,341 Won as Market Waits Ahead of US Midterm Elections

> The won-dollar rate closed at 1,341.0 won on November 3, down 2.8 won, and traded around 1,340 won while investors awaited the US midterm elections. Stable oil prices on hopes of US-Iran talks and a weaker dollar index added to downward pressure, and foreigners net sold about 1.5 trillion won of stocks.

- Date: 2026-11-03 · published 2026-11-03T09:10:05.432Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/77386-won-dollar-rate-falls-2-8-won-to-1-341-won-as-market-waits-ahead-of-us-midterm
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Lower oil and a softer dollar reduce Korean import costs for dollar-priced feed ingredients. The move has little effect on global grain prices.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- yna.co.kr: https://www.yna.co.kr/view/AKR20261103144300002
- yna.co.kr: https://www.yna.co.kr/view/AKR20261103144300002?section=economy%2Ffinance

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