# Why the Won-Dollar Rate Fell from 1,500 to 1,300: Corporate Dollar Sales Hit W390 Trillion

> South Korean non-financial companies sold nearly twice as many dollars in the first nine months of the year as they had during all of the previous year, amid a large current-account surplus and foreign-currency conversions by exporters. The article says the rate had fallen for four consecutive months through October but rose after the US midterm elections, with opposing pressures expected to remain balanced.

- Date: 2026-11-09 · published 2026-11-09T06:11:03.829Z
- Category: trade · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/88811-why-the-won-dollar-rate-fell-from-1-500-to-1-300-corporate-dollar-sales-hit
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Dollar sales by exporters increase foreign-currency supply and can support the won, lowering the cost of dollar-priced feed imports. The article also notes demand to buy dollars at lower rates, which could offset that pressure.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- biz.heraldcorp.com: https://biz.heraldcorp.com/article/10930633

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