# Fed hike bets lift won-dollar rate as Korea eyes mid-1,360 range

> The won-dollar exchange rate was around 1,360.7 won as markets priced in a higher chance of a December Federal Reserve rate increase. October U.S. payroll growth of 165,000, well above forecasts, reinforced those expectations, while importer dollar buying and overseas stock investments added to upward pressure on the rate.

- Date: 2026-11-09 · published 2026-11-09T03:10:27.274Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/88554-fed-hike-bets-lift-won-dollar-rate-as-korea-eyes-mid-1-360-range
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won makes dollar-denominated feed imports more expensive for South Korean buyers. Expectations of tighter U.S. monetary policy are supporting the dollar against the won.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- biz.chosun.com: https://biz.chosun.com/en/en-policy/2026/11/09/4AGTSUWMWBF3FGSLTMAZLGHOJE/

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