
Foreign investors sold about 3.40 trillion won of South Korean KOSPI shares on November 5, and Kiwoom Securities linked the sales to custody-related dollar buying. Analysts cautioned that exporter dollar sales could offset that demand and that equity net selling alone does not establish the scale of exchange-rate pressure; concerns about AI infrastructure costs also weighed on technology shares.
Equity outflows and associated dollar buying can weaken the won, potentially raising the local-currency cost of imported feed and grain. The currency effect is uncertain because exporter dollar sales may provide an offset.
Not enough comparable past events yet for a historical read.
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