Strong dollar keeps won near record levels
With the Korean won poised to post a record-high annual average this year, global investment banks expect the currency’s weakness to persist into the new year, with levels above 1,400 won per US dollar becoming the norm in 2026.
According to industry data released Sunday, the average three-month forecast for the won from 12 major investment banks stands at 1,440 per dollar. HSBC was the most optimistic at 1,400, while Nomura and Standard Chartered were the most bearish, both projecting 1,460.
The six-month outlook eases
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