Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › KRW/USD: Korean Won Rises to Highest Since October on...
Business & Finance

KRW/USD: Korean Won Rises to Highest Since October on Exporters Dollar Sales

Bloomberg Markets Thursday 06 August 2026, 03:38 UTC By Karl Lester M. Yap and Benjamin Liu 1 min read
Key Points

Currencies Korean Won Rises to Highest Since October on Exporters Dollar Sales The South Korean won rose to the strongest level in almost 10 months as exporters converted their dollar earnings into the local currency. The won gained as much as 0.7% to 1,414.55 per dollar, a level last seen in October, before trimming gains to be 0.3% up on the day.

Currencies Korean Won Rises to Highest Since October on Exporters Dollar Sales The South Korean won rose to the strongest level in almost 10 months as exporters converted their dollar earnings into the local currency. The won gained as much as 0.7% to 1,414.55 per dollar, a level last seen in October, before trimming gains to be 0.3% up on the day.
KRW (ORG) Korean (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

25 arrested as Hong Kong police bust loan shark ring charging up to 282% interest rate

Hong Kong police have arrested 25 people, some as young as 13, in a crackdown on a loan shark syndicate that charged victims annual interest rates of up to 282 per cent. Police said on Thursday that the crime ring had extended a total of HK$200 million (US$25.5 million) in loans to about 2,000 residents over the past year, with at least HK$8 million in criminal proceeds funnelled into the core members’ personal accounts. During operations on Tuesday and Wednesday, officers raided three...

South China Morning Post 7m ago

'Overly litigious, combative' CIT chief referred for public sector probe

Report recommends CIT chief be investigated for potentially undermining public service standards Thu 6 Aug 2026 at 2:45pm In short: An ACT Legislative Assembly committee report finds the Canberra Institute of Technology CEO should be investigated by the Public Sector Standards Commissioner. The committee was looking into whether Margot McNeill gave false or misleading evidence to a previous inquiry into her recruitment. But it said it could not make conclusions as it considered Dr McNeill to...

ABC Australia 7m ago

Federal judge lets Utah enforce its anti-gambling laws on the prediction market Kalshi

Federal judge lets Utah enforce its anti-gambling laws on the prediction market Kalshi Utah can enforce its strict anti-gambling laws on prediction markets such as Kalshi and Polymarket under a federal court ruling SALT LAKE CITY -- Utah can enforce its strict anti-gambling laws on prediction markets such as Kalshi and Polymarket, a federal judge ruled in a win for states seeking to rein in the popular betting platforms. Utah has been on the front lines of a battle between states and the...

ABC News US 12m ago

Hungry for cash: where will the EU find the money?

The EU's next long-term budget needs to be organised ahead of critical elections in several member states next year – and at the centre of the debate is the question of where the bloc should get fresh money. Euronews provides an overview of which proposals might fly. In the coming months, European governments will intensify their efforts to establish how the EU's long-term budget for the period 2028-2034 should be financed, with new revenues, called "own resources", at the centre of the debate.

Euronews 22m ago