Korean won weakens for nine consecutive days, marking the longest losing streak since 2008.

Notice that the South Korean won has been falling against the US dollar for the ninth consecutive trading day, marking the longest losing streak since 2008. At the same time, domestic investors in South Korea continue to transfer their funds overseas. The South Korean won fell by 0.4% to 1,473.40 won per US dollar, extending its decline to over 2% from around 1,440 won at the end of last year. Despite efforts by authorities to stabilize the exchange rate, market sentiment has not improved so far. Unfavorable external factors and persistent supply-demand imbalances are putting pressure on the South Korean won. Supported by tense geopolitical situations in Latin America and the Middle East, as well as strong economic data from the United States, the US dollar continues to strengthen, erasing most of the gains the South Korean won made at the end of 2025. Meanwhile, demand for overseas assets in South Korea remains strong domestically, while foreign investors continue to net sell South Korean stocks.