South Korea’s won fell sharply below 1,460 per dollar after authorities signaled FX stabilization measures, with the KOSPI tumbling 2.36% amid risk-off sentiment and heavy foreign outflows.
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https://en.infomaxai.com/news/articleView.html?idxno=90852
#YonhapInfomax
#DollarWon #FXStabilization #KOSPI #NationalPensionService #ForeignOutflows
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90852

[Seoul Foreign Exchange Market]Authorities Signal FX Stabilization Measures as Won Falls Below 1,460—Down 10.20
South Korea’s won fell sharply below 1,460 per dollar after authorities signaled FX stabilization measures, with the KOSPI tumbling 2.36% amid risk-off sentiment and heavy foreign outflows.