Foreign investors net sold 35.7 trillion won in Korean stocks during March, creating massive dollar demand that's pushing the won-dollar exchange rate higher, though analysts view this as portfolio rebalancing rather than a market exodus, with selling pressure potentially easing after Q2.
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[Volatile Exchange Rate] Foreigners Pick Up Baton From Retail Investors - Where Will Dollar Demand Head?

Foreign investors net sold 35.7 trillion won in Korean stocks during March, creating massive dollar demand that's pushing the won-dollar exchange rate higher, though analysts view this as portfolio rebalancing rather than a market exodus, with selling pressure potentially easing after Q2.

Yonhap Infomax