FX.co ★ South Korean Won Hits 4-Week High

The South Korean won strengthened to around 1,437 per dollar, rebounding from a brief pullback in the previous session to reach a four-week high, as new government measures to attract foreign investment lifted market sentiment. The currency’s advance coincided with a historic rally in the local equity market, whose total capitalization recently reached $3.76 trillion.

Lee Chan-jin, governor of the Financial Supervisory Service, told executives from 10 global financial institutions that authorities are rolling out initiatives to further deepen and strengthen the domestic capital market, including steps aimed at securing MSCI index inclusion.

Investors are now focused on the Bank of Korea’s policy meeting scheduled for February 26, 2026. Market consensus expects the central bank to leave the base rate unchanged at 2.50%, as policymakers balance current economic momentum against inflation dynamics and growth prospects.