Bank of America Predicts Korean Won Strengthening in 2026 Amid Government Efforts to Reverse Outflows
Bank of America projects a rebound for the Korean won against the U.S. dollar by the end of 2026, with a forecasted rate of 1,395 USD/KRW, despite present depreciation pressures. The forecast underscores ongoing outflows driven by retail investors holding significant U.S. tech stocks, prompting Korean government interventions such as capital gains …