The dollar-won exchange rate opened nearly 20 won lower, tracking offshore markets after US-Japan joint intervention signals, with attention on the National Pension Fund's asset allocation and FX hedging decisions.
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[Seoul Foreign Exchange Market]Dollar-Won Opens Sharply Lower on US-Japan Joint Intervention Signals—Focus on National Pension Fund Committee

The dollar-won exchange rate opened nearly 20 won lower, tracking offshore markets after US-Japan joint intervention signals, with attention on the National Pension Fund's asset allocation and FX hedging decisions.

Yonhap Infomax