With foreign capital flowing out of the South Korean stock market, the Korean won has dropped for the eighth consecutive day.

The South Korean won has fallen for eight consecutive trading days, becoming the worst-performing currency in Asia, as foreign investors' net selling of South Korean stocks has stimulated demand for the US dollar. The USD/KRW rose 0.6% to 1,468.35, poised to set its longest losing streak since December 2016. Exchange data shows that global investors net sold $408 million worth of South Korean stocks on Monday, after net selling $1.1 billion on Friday.