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USD/KRW Rises to 1,466.80 on July 27 as Import Demand Strengthens After Sharp Depreciation

2026-07-27 04:23:17

SKHY-8.74%

SKHYV-0.98%

According to Yonhapinfomax, the Korean won weakened to 1,466.80 per U.S. dollar on July 27 morning, up 0.20 won from the previous Seoul close and 8.30 won from New York's prior close, as importers stepped in to buy dollars following recent sharp depreciation. The rate briefly touched 1,467.00 won during morning trading. The recovery was supported by sustained dollar inflows from SK Hynix's ADR listing and strong importer settlement demand, while foreign investors' consecutive two-day net selling also boosted dollar demand through custodial buying. Bank traders noted that the 80-90 won swing in recent days created attractive entry points for dollar purchases.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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