{
  "id": 14925078,
  "title": "USD/KRW: Goldman Sachs sees Korean won strengthening",
  "url": "https://urgent.news/2026/10/16/usd-krw-goldman-sachs-sees-korean-won-strengthening",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T09:50:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/forex-news/usdkrw-goldman-sachs-sees-korean-won-strengthening-93CH-4953507"
  },
  "original_language": "en",
  "account": "Goldman Sachs has adopted a more optimistic stance on the Korean won, projecting that the currency is set to appreciate below 1300 Korean won per U.S. dollar in the near future. The investment bank attributes this potential rise to South Korea's substantial trade surplus and high repatriation rates, which are expected to exert downward pressure on the USD/KRW exchange rate. The Bank of Korea might accumulate reserves at the 1300 level, potentially hampering further gains for the won. Recent remarks from Bank of Korea Governor Shin hint at the possibility of authorities tolerating a slight appreciation below 1300. During an interview this week, Shin stated that the won, at the 1330 level, remains weak compared to historical standards and that further appreciation would be beneficial as it would enhance household purchasing power. Goldman Sachs noted that these statements suggest policymakers may not be setting a hard ceiling near recent levels. Earlier initiatives enabling the National Pension Service to unwind hedges may primarily aim at regulating the pace of won appreciation.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}