The Korean won rises to its longest streak in 13 years.

date
29/01/2026
Amid the hot market in the field of artificial intelligence and the forthcoming inclusion of South Korean government bonds in key bond indices causing foreign capital inflow, the South Korean won is experiencing its longest continuous rally in 13 years. Data shows that on Thursday, the South Korean won reached its highest appreciation against the US dollar by 0.8% to 1425.25, marking the seventh consecutive trading day of gains, setting a record for the longest rally since January 2013. Leveraging the substantial increase in profits of Samsung Electronics Company leading to improved prospects for South Korean exports, the South Korean won also emerged as the best performing Asian currency of the day. The rise of the South Korean won coincides with overseas investors buying South Korean domestic assets in large quantities - so far this year, foreign investors have accumulated $2.8 billion in South Korean stocks and $3.5 billion in South Korean bonds. South Korean government bonds will be included in the FTSE Russell Global Government Bond Index in April, while market reform measures domestically in South Korea and optimistic expectations for AI-related companies continue to attract foreign capital into the South Korean stock market.