# Won firms as chipmakers sell dollars; Fed hike bets keep dollar strong

> The won strengthened on November 9, with the dollar-won rate closing at 1,347.1, down 9.5 won from the previous close. Dollar selling by South Korean semiconductor companies helped drive the decline, while expectations of a Federal Reserve rate hike continued to support the dollar globally.

- Date: 2026-11-09 · published 2026-11-09T12:10:28.525Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/89351-won-firms-as-chipmakers-sell-dollars-fed-hike-bets-keep-dollar-strong
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Exporter dollar sales increase near-term demand for won and weigh on USD/KRW; expectations of higher U.S. rates may limit that move by supporting the dollar.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- biz.chosun.com: https://biz.chosun.com/en/en-policy/2026/11/09/DU7RRJI2PJCLPGZUUARU3JL7YI/

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