The won hit a ten-month high on the same day foreign investors sold 2.3 billion dollars of Korean equities.
Exporter dollar sales and ADR-related inflows overwhelmed equity outflows, breaking the usual link between falling stocks and a weaker currency. Meanwhile, eleven pending capital markets bills would tighten rules on domestic private equity while leaving offshore managers with 100 trillion won of Asia dry powder largely untouched. Section 301 tariffs on Korean goods are due this month, with the combined rate targeted below 15%. Hormuz reopening talks remain unsigned over transit fees.
Sources:
Won Strengthens to the 1,410s Despite a 4.6% Stock Slide — Seoul Economic Daily, August 6 2026
Eleven Private Equity Bills in a Year: Only Foreign Funds Benefit — Seoul Economic Daily, August 6 2026
Foreign Capital Set to Sweep Up Korea's Advanced Industry Deals — Seoul Economic Daily, August 6 2026
Minister Kim Jung-kwan on Chip Profits and the 52-Hour Week — Seoul Economic Daily, August 6 2026
Hormuz Reopening Talks Enter Final Stage Over Iranian Fees — Seoul Economic Daily, August 6 2026
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