Seoul, 18 June 2026 – A Bank of Korea study has highlighted a growing gap between South Korea’s overseas income and actual foreign-currency inflows, raising fresh questions over why the won can remain under pressure even when the country records strong external earnings.
The issue matters because South Korea is one of Asia’s most globally connected economies. Its major companies earn significant revenue overseas through semiconductors, automobiles, batteries, shipbuilding, consumer electronics and financial investments. In theory, stronger overseas income should help support the won if those earnings are brought back into the domestic foreign-exchange market.
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