▲ Signs show the exchange rates of the South Korean won against other currencies at foreign exchange booths in Myeongdong, a shopping mecca in Seoul, on Oct. 21, 2026. (Yonhap)

SEOUL, Oct. 21 (Yonhap) -- The South Korean won extended its gains to hit a fresh two-year high against the U.S. dollar Wednesday, supported by strong exports and foreign inflows.

The won was quoted at 1,325.2 won per dollar at 3:30 p.m., up 2.9 won from the close of the previous stock trading session.

For a fourth straight session, the won marked the highest level since Oct. 2, 2024.

Earlier in the day, government data showed that the nation's exports more than doubled to US$61.6 billion in the first 20 days of October, driven by robust shipments of semiconductor.

Foreign purchased a net 659.9 billion won (US$497.3 million) worth of local shares during the latest regular stock trading session, with the benchmark Korea Composite Stock Price Index gaining 3.29 percent to close at 5,735.66.

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