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fxJul 9, 2026, 2:05 PM

South Korean Won Gains on Flow-Driven Support – OCBC

The South Korean Won strengthens against the US dollar, with USD/KRW dropping below 1,500 on offshore fund repatriation and official sector flows, according to OCBC's Christopher Wong.

USDKRW

OCBC currency strategist Christopher Wong notes that the South Korean Won's recent strength remains largely flow-driven.

USD/KRW has fallen below the psychologically important 1,500 level, supported by offshore fund repatriation and official sector activity, though details on the latter were not fully specified in the report.

Source: FXStreet Forex News