# Seoul's forward USD book thins as KRW strengthens

> South Korea's net forward dollar-buying position fell to $13.46 billion at end-September from $15.84 billion in August, according to IMF-reported data. The decline reflects exporters selling dollars as the won strengthened, reducing authorities' need for currency support.

- Date: 2026-11-04 · published 2026-11-04T06:08:51.967Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/79202-seoul-s-forward-usd-book-thins-as-krw-strengthens
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Reduced central bank intervention signals a firmer won, which lowers local-currency costs for Korean feed and commodity importers. The effect on grain prices is limited, as this is a currency-positioning story.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- ajupress.com: https://www.ajupress.com/view/20261104102247447

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