South Korea's Presidential Office has issued a rare warning to currency speculators, signaling readiness to intervene as authorities ease FX regulations and urge major firms to avoid excessive dollar holdings amid won weakness.
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The dollar-won exchange rate fell to the mid-1,470 won range after South Korean authorities announced measures to boost dollar inflows, including easing FX regulations, while continued foreign stock outflows and government intervention shaped market sentiment.
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[Seoul Foreign Exchange Market-Morning]Dollar-Won Falls on Authorities' Dollar Inflow Measures—Down 4.40 Won

The dollar-won exchange rate fell to the mid-1,470 won range after South Korean authorities announced measures to boost dollar inflows, including easing FX regulations, while continued foreign stock outflows and government intervention shaped market sentiment.

Yonhap Infomax