Won rallies on SK Hynix's US listing, corporate funds repatriation

CurrenciesRobust exports, rate hikes give South Korean currency a tailwind against dollarThe won's strength contrasts with the weak yen, though authorities in both countries are seen as having intervened in July. (Source photos by Nikkei)AYAKA YOSHINOSeptember 4, 2026 01:14 JSTTOKYO -- The won has strengthened on foreign exchange markets as chipmaker SK Hynix's listing in the U.S. and South Korean efforts to encourage exporters to repatriate funds help tap the brakes on the currency's long-standing structural weakness.