{
  "id": 2207565,
  "title": "South Korean Won: Rally accelerates with foreign inflows – DBS",
  "url": "https://urgent.news/2026/08/20/south-korean-won-rally-accelerates-with-foreign-inflows-dbs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T19:21:00.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/south-korean-won-rally-accelerates-with-foreign-inflows-dbs-202608201921"
  },
  "original_language": "en",
  "account": "DBS strategist Wei Liang reports a resurgence in the South Korean Won's strength, with the USD/KRW pair trading at mid-1380 levels even as the KOSPI index fell nearly 6% due to semiconductor-related declines. Liang attributes this strength to foreign investors capitalizing on the equity correction, funded by USD sales, while acknowledging that tech volatility and a less undervalued KRW warrant some caution. The KRW rally intensified again, with USD/KRW dropping to the mid-1380 range, despite the KOSPI's sharp sell-off. Foreign investors are reportedly taking advantage of the market correction to invest in Korean equities, as evidenced by custodian banks offloading USD to settle foreign equity purchases. While DBS remains optimistic about Korea's strong economic fundamentals and rising trade terms due to soaring memory prices, Liang warns that the situation may warrant some caution due to tech stock volatility and a less undervalued KRW.",
  "summary": "DBS strategist Chang Wei Liang reports that South Korean Won (KRW) strength has resumed, with USD/KRW dropping to the mid-1380s even as KOSPI fell nearly 6% on semiconductor-led losses.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "South Korean Won: Leads Asia FX on tech support – MUFG",
        "url": "https://urgent.news/2026/08/20/south-korean-won-leads-asia-fx-on-tech-support-mufg",
        "published": "2026-08-20T14:46:12.000Z"
      }
    ]
  },
  "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."
}