The Korean won strengthened against the US dollar, with the USD/KRW rate falling to the mid-to-high 1,380s amid sustained dollar selling and a record-breaking KOSPI, as foreign investors continued net stock purchases and the dollar index weakened in Asian trading.
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[Seoul Foreign Exchange Market]Dollar Weakness Pushes Won to Mid-to-High 1,380s—Down 0.30 Won
The Korean won strengthened against the US dollar, with the USD/KRW rate falling to the mid-to-high 1,380s amid sustained dollar selling and a record-breaking KOSPI, as foreign investors continued net stock purchases and the dollar index weakened in Asian trading.