# Exchange Rate Rises 22 Won in a Week After U.S. Midterms, Defying Expectations for a Weaker Dollar

> The won-dollar rate rose 22.3 won over the week to 1,356.6 on November 6, as a sharp Korean stock-market selloff and foreign equity outflows increased demand for dollars. Concerns that restrictions on U.S. data-center construction could weaken AI and semiconductor demand contributed to market volatility, while analysts expected the won’s weakness to be limited in duration.

- Date: 2026-11-06 · published 2026-11-07T09:10:23.506Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/85799-exchange-rate-rises-22-won-in-a-week-after-u-s-midterms-defying-expectations
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Equity outflows and dollar-buying pressure can push USD/KRW higher and make imported feed and energy more expensive in won; semiconductor export conversions and South Korea’s current-account surplus could offset some of that pressure.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- news.mtn.co.kr: https://news.mtn.co.kr/article/2026110617333396901

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