Won moves as Fed policy looms, impacting U.S. linked Korean supply chains.

The won–dollar exchange rate in Seoul's foreign-exchange market closed on the 13th at 3:30 pm local time.

The brief note specifies the closing time but does not include the numerical rate in the text provided.

Kim Ji-won in CATCHUP interview in 2017
Representative image for context; not directly related to the specific event in this article. License: CC BY 3.0. Source: Wikimedia Commons.

The USD/KRW rate is a daily indicator of Korea's external competitiveness and investor sentiment, influencing the cost of imports and the price of Korean exports.

For the United States, moves in the won matter because Korea is a major supplier of semiconductors, display panels, and other components used by American tech firms, automakers, and consumer electronics makers. Currency shifts can affect pricing, margins, and the reliability of supply chains.

Kim Ji-won in CATCHUP interview in 2017
Representative image for context; not directly related to the specific event in this article. License: CC BY 3.0. Source: Wikimedia Commons.

Global market conditions and expectations about U.S. monetary policy — including Federal Reserve moves — can sway the won, with implications for trade, investment, and inflation channels that touch U.S. markets.

Under the Korea–U.S. Free Trade Agreement (KORUS), Korea remains a key trading partner for the United States. Currency fluctuations can influence procurement costs, contract pricing, and earnings for U.S.-listed companies with Korean exposure.

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