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fxJul 9, 2026, 5:00 PM

Societe Generale: Korean Won outperforms in Asia on flows and BoK

Societe Generale strategists note the Korean Won has become Asia's best performer in early H2, rallying nearly 2.8% as USD/KRW drops from around 1,550.

USDKRW

Societe Generale strategists highlight the Korean Won (KRW) as Asia's top performer in the first half of the second half of the year. The currency has rallied approximately 2.8%, with USD/KRW declining from the 1,550 area.

The move is attributed to capital flows and actions by the Bank of Korea (BoK). No specific target or timeframe for further moves was provided in the note.

Source: FXStreet Forex News