# As KOSPI rises, the won-dollar exchange rate also rises

> Korean stocks and the won-dollar exchange rate have risen together since late October, breaking the usual pattern in which equity inflows strengthen the won. The won-dollar rate reached 1,341.5 won on November 4, up about 20 won in a week, with foreign investors buying dollar futures to hedge currency risk on their equity purchases. The won has also been supported by current-account surplus from semiconductor exports.

- Date: 2026-11-04 · published 2026-11-04T12:08:48.291Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/79621-as-kospi-rises-the-won-dollar-exchange-rate-also-rises
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Foreign hedging through dollar futures lifts the won-dollar rate even as equities rally, so the usual link between stock inflows and currency strength is weaker. For feed buyers, the won's volatility adds uncertainty to the local-currency cost of imported feed ingredients.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- hankyung.com: https://www.hankyung.com/article/2026110463211

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