Korean Stock & Equity Research

Investing Guides/Market Mechanics

Direct KOSPI investors are automatically exposed to USD/KRW movements — a stock that rises 10% in Won terms delivers less than 10% in Dollar terms if the Won weakens over the same period, and more if it strengthens. Most retail foreign investors don't hedge this exposure directly, since doing so requires separate currency instruments most retail brokers don't offer. This article is part of our U..