The South Korean won showed strength against the U.S. dollar on Monday, buoyed by dollar selling from local exporters and a general risk-taking sentiment as concerns related to artificial intelligence began to ease. The currency was quoted at 1,347.1 won per dollar at 330 p.m., marking an increase of 9.5 won compared to the previous stock trading session. According to Yonhap News Agency, at one stage during the afternoon trading, the won reached a high of 1,346.7 won per dollar before slightly reducing its gains. Despite this upward movement, the won's progress was somewhat restrained due to foreign investors remaining net sellers of local stocks for the seventh consecutive session. Foreign investors offloaded a net 693 billion won (approximately US$514 million) worth of local shares in the latest regular stock trading session. This activity led to a 0.81 percent decline in the benchmark Korea Composite Stock Price Index, which closed at 5,018.85.