Source: Han Hua Ocean sold about $2 billion in the USD/KRW forward market.

Insiders revealed that South Korean shipbuilding company Hanhwa Marine sold approximately $2 billion in the USD-Korean won forward market on Friday. Hanhwa Marine has not yet issued an official response. After media disclosed this selling operation, the Korean won to US dollar exchange rate increased by 0.6%, reaching 1,500 Korean won per US dollar. Currently, the market expects that foreign capital reduction in Korean domestic stocks will slow down, and the semiconductor company SK Hynix's listing in the US will bring in capital inflows. Korean policymakers are taking multiple measures to curb the weakening of the Korean won. This selling operation took place against this backdrop. Earlier that day, the South Korean vice minister of finance stated that the supply and demand situation in the local currency foreign exchange market is expected to change in the second half of 2026, and the US dollar positions held by export companies will bring in funds through forward foreign exchange trading.