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21
Jan

Korean Won Rebounds on Stability Plans

The South Korean won advanced to around 1,471 per dollar, rebounding sharply from a four-week low after investor sentiment improved on government assurances. President Lee Jae Myung stated that policymakers expect the won to move back toward the 1,400 level over the next two months, stressing that its recent weakness reflects global market conditions rather […]

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19
Jan

Korean Won Falls Despite Policy Measures

The South Korean won weakened to around 1,475 per dollar, resuming losses after a brief recovery despite intensified efforts by authorities and financial institutions to stabilize the currency. Over the weekend, major commercial banks, in coordination with foreign-exchange regulators, implemented measures designed to increase dollar supply in the domestic market and discourage excessive demand for […]

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15
Jan

South Korean Won Retreats as BOK Holds Rates

The South Korean won weakened to around 1,471 per dollar, reversing gains from the previous session, as the Bank of Korea held its benchmark interest rate unchanged. The decision underscored that concerns over a weak won and exchange-rate volatility are limiting room for further policy easing, even as growth remains uneven. The stance helped curb […]

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12
Jan

South Korean Won Extends Losses

The South Korean won weakened to around 1,460 per dollar on Monday, extending losses near a three-week low, as markets remained cautious ahead of the Bank of Korea’s policy decision. With the central bank widely expected to hold rates steady this week, policymakers’ constraints from exchange-rate volatility and elevated housing prices leave little scope for […]

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05
Jan

Korean Won Retreats on Policy Gaps and Regional Tensions

The South Korean won depreciated to around 1,447 per dollar on Monday, retreating after a brief stabilization as investors weighed policy uncertainty following a major government restructuring and renewed geopolitical tensions. Market caution heightened after the government formally split the Ministry of Economy and Finance into two separate entities, which took effect on Friday, ending […]

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02
Jan

South Korean Won Steadies on BOK Remarks

The South Korean won held steady around 1,440 per dollar on the first trading day of 2026, as investors digested remarks from the Bank of Korea’s governor. BOK Governor Rhee Chang-yong said the won remains “misaligned” with economic fundamentals, warning that persistent depreciation could heighten inflation and weigh on domestic-oriented firms. He emphasized that the […]

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26
Dec

Korean Won Appreciates on Policy Support Measures

The South Korean won climbed to around 1,433 per dollar on Friday, extending gains for another session as optimism grew over policy measures aimed at supporting the currency. Authorities, including the Bank of Korea and the Ministry of Economy and Finance, have engaged in verbal interventions to ease market stress, while the ministry unveiled measures […]

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24
Dec

South Korean Won Hits Over 1-Month High

The South Korean won climbed 1.5% to around 1,457 per dollar on Wednesday, recovering from multi-month lows to its strongest level in over a month, amid policy support from the National Pension Service and the Bank of Korea. The NPS, in consultation with foreign-exchange authorities, carried out strategic foreign exchange hedging operations and adjusted overseas […]

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15
Dec

South Korean Won Hits Over 8-Month Low

The South Korean won weakened to around 1,477 per dollar on Monday, marking its lowest level in over eight months amid persistent capital outflows, prompting authorities to signal intervention. The finance ministry and Bank of Korea convened an emergency inter-agency meeting over the weekend to discuss measures to stabilize the won and the broader FX […]

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11
Dec

South Korean Won Strengthens on FX Measures, Trade Gains

The South Korean won appreciated to around 1,466 per dollar on Thursday, gaining traction after stabilizing for two consecutive sessions as government efforts to ease concerns over capital outflows continued to support the currency. After the Ministry of Trade, Industry, and Resources unveiled a modular trade agreement framework, focus returned to the FX market, with […]

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