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Won hits two-year high on strong exports

The Korean won extended gains to hit a fresh two-year high against the U.S. dollar on Oct. 21, quoted at 1,325.2 won per dollar at 3:30 p.m., up 2.9 won from the previous session, supported by strong exports and foreign inflows. Korean media report the rise as driven by export strength, though analysts suggest the rate is unlikely to fall much further any time soon.

  1. Korean won extends gains against US dollar on strong exports Korea Times · 2026-10-21
  2. S. Korean won extends gains against U.S. dollar on strong exports Yonhap · 2026-10-21
  3. Why the won-dollar exchange rate is unlikely to fall much further any time soon Hankyoreh

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