The South Korean won weakened further against the U.S. dollar on Tuesday, opening at 1,543.1 per dollar, a decline of 2.1 won from the previous close.
The move marks a continuation of selling pressure on the currency, which has been under strain as foreign investors maintain their net outflows from local equities.
This latest depreciation extends a broader trend of weakness for the won, which recently touched its lowest level against the dollar in 17 years.
The currency's deterioration has been driven by a combination of factors, including persistent foreign selling in Korean stocks and a recalibration of market expectations regarding U.S. monetary policy.
Traders are increasingly pricing in the possibility of a Federal Reserve rate cut, which has strengthened the dollar broadly and put additional pressure on emerging market currencies like the won.
The sustained outflows from foreign investors highlight ongoing concerns about the risk-reward profile of Korean equities amid global market volatility.