Hanwha Ocean sold around $2 billion in dollar-won forward market, source says

Hanwha Ocean’s sale of roughly $2 billion in the dollar-won forward market underscores how South Korean exporters and corporate treasuries are using FX forwards amid won weakness. On Friday, a source familiar with the matter told Reuters that Hanwha Ocean (042660.KS) sold around $2 billion, with the won quoted up 0.6% at 1,500.0 per dollar after the report. The shipbuilder was not immediately available for official comment. The move comes as policymakers work to curb won weakness, expecting shifts in local currency supply-demand in the second half of 2026. Deputy Finance Minister Moon Ji-sung said dollar holdings from exporters should generate inflows via foreign exchange forwards. The context also includes expectations of slower foreign selling of domestic stocks and capital inflows tied to SK Hynix’s U.S. share sale.