▲ This photo, taken Aug. 28, 2026, shows the dealing room of Hana Bank in Seoul. (Yonhap)

SEOUL, Aug. 28 (Yonhap) -- The South Korean won extended its gains and hit an over 13-month high against the U.S. dollar Friday, as exporters sold dollars while traders awaited what would come out of the U.S. monetary policy event held in Jackson Hole.

The won was quoted at 1,372.5 won per dollar at 3:30 p.m., up 8.4 won from the close of the previous stock trading session.

It marked the strongest level since July 24 last year, when the won stood at 1,367.2 per dollar.

The won's advance came as dollar-selling by local exporters has gained pace since the won rose past the level of 1,400 per dollar.

Federal Reserve Chair Kevin Warsh was set to deliver a speech at the Jackson Hole Economic Policy Symposium, amid growing concerns about U.S. fiscal debts.

Meanwhile, foreigners sold a net 1.7 trillion won (US$1.24 billion) worth of local stocks during the latest trading session, with the benchmark Korea Composite Stock Price Index falling 1.79 percent to close at 6,788.88.

(END)

[ⓒ K-VIBE. 무단전재-재배포 금지]