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fxAug 19, 2026, 2:09 PM

South Korean Won's Growth-Driven Recovery Offers Policy Lesson, ING Says

ING's Chris Turner highlights how earlier portfolio outflows and a weaker won drove USD/KRW to 1560 in June, despite a large current account surplus.

USDKRW

ING's Chris Turner points to South Korea's earlier massive portfolio outflows and a weaker won as factors that pushed USD/KRW to 1560 in June, even with a large current account surplus.

The growth-driven recovery in the Korean won now offers a policy lesson, according to ING.

Source: FXStreet Forex News