USD/KRW
USD/KRW
1,341.38
-0.27% (-3.61)
Updated 09:30 PMUSD/KRW
USD/KRW
1,341.38
-0.27% (-3.61)
Updated 09:30 PMUSD/KRW
1,341.38
-0.27% (-3.61)
Updated 09:30 PM
Overview
The national pension fund, a large holder of foreign assets, is a major participant in won foreign-exchange flows, so a pause in its hedging changes one source of dollar demand or supply in the market. This could reduce a usual source of won-supportive or won-pressuring flow depending on which direction the hedging normally runs.
Updated 09:28 AM
High confidence09/02, 02:09 PM
South Korea's foreign exchange stabilization fund reportedly purchased about $20 billion in funds that SK Hynix repatriated after its ADR listing, according to sources.
Affected assets
Jin10
09/02, 02:09 PM
Related updates
FinancialJuice·08/27, 10:00 AM
BOK Governor Shin stated the Korean won has potential to strengthen further and the central bank will work to support that strengthening.
FinancialJuice·08/27, 09:40 AM
FX market stabilizes and South Korean won may strengthen further to help ease inflation.
FirstSquawk·08/27, 09:29 AM
Bank of Korea Governor Shin said the won could continue to strengthen against the dollar.
Jin10·08/27, 09:27 AM
Bank of Korea Governor stated the USD/KRW level remains elevated.
FirstSquawk·08/27, 08:54 AM
Bank of Korea board member Hwang Kun-il dissented from the central bank's Thursday rate decision.