
The won-dollar rate rose from its recent lows as foreign investors sold South Korean shares amid concerns about U.S. AI investment and the possibility of higher U.S. interest rates. Foreign investors sold about 6.2 trillion won of Kospi shares on Nov.
5 and 6, while the exchange rate closed at 1,347.1 on Nov. 9 after trading above 1,360 earlier in the day.
Equity outflows can create demand for dollars as investors repatriate proceeds, putting upward pressure on the won-dollar rate and raising import costs for South Korean feed buyers. The article notes that strong chip exports and exporters’ dollar sales may partly offset that pressure.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.