# Dollar flood drives won's surge: firms sold $286.6B in first nine months

> South Korean non-financial companies recorded net dollar sales of $286.57 billion in the first nine months, 2.6 times the amount in the same period last year. Strong current-account surpluses and export earnings drove dollar conversion into won, though risk aversion after the US midterm elections pushed the exchange rate higher for three consecutive trading days.

- Date: 2026-11-07 · published 2026-11-07T03:12:03.087Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/85432-dollar-flood-drives-won-s-surge-firms-sold-286-6b-in-first-nine-months
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Corporate dollar sales add supply to the FX market and can support the won, lowering the local-currency cost of imported feed. Recent risk-off demand for dollars has offset that support, leaving the exchange-rate impact uncertain.

## Read by commodity

- USDKRW: neutral

## Sources

- biz.heraldcorp.com: https://biz.heraldcorp.com/article/10928981

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