Why Kospi and Korean won have parted ways
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The Korean won is saying goodbye to the days when its fortunes were closely tied to the ups and downs of the local stock market. Stock prices and the won's value have typically moved in tandem. Offshore investors hold roughly 40 percent of the main bourse Kospi's total market capitalization. When they sell shares and convert the proceeds into dollars for repatriation, rising dollar demand puts downward pressure on the won. Conversely, when they convert dollars into won to buy Korean shares, dema
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- https://www.koreaherald.com/article/10913918
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- 25/10/2026 06:04 UTC
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- 25/10/2026 06:09 UTC
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