South Korean Won: Export strength supports KRW – Societe Generale

Societe Generale notes the Korean Won has been one of Asia’s standout performers, with USD/KRW slipping from around 1,390 to 1,360 as local exporters sold Dollars ahead of the Chuseok holiday. The bank highlights a supportive backdrop, citing South Korea’s strong export engine and a sharp early-September surge in exports, driven by AI-related shipments alongside faster import growth.

Won benefits from robust exports

"The KRW remained one of the region’s standout performers, although the week was far from smooth."

"USD/KRW started the week around 1,390 and retreat to 1,360 this morning as local exporters sold dollars ahead of Chuseok holiday."

TMGM tahlili: Moliyaviy bozor yangiliklari, iqtisodiy kalendar va bozor tahlillari

"The broader backdrop remains supportive, with South Korea’s export engine continuing to fire on all cylinders."

"Early-September exports surged 78.3% yoy, led by AI-related shipments, while imports accelerated 26.7%."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)

JONLI KOTIROVKALAR

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% O‘zgarish / Narx
GBPUSD
1 kunlik o‘zgarish
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1.32747
EURUSD
1 kunlik o‘zgarish
-0.37%
1.10934
USDJPY
1 kunlik o‘zgarish
+0.33%
159.668
AUDUSD
1 kunlik o‘zgarish
-0.60%
0.68267