KRW up: South Korea NPS activates strategic FX hedging to curb won weakness and volatility | investingLive
Summary Bank of Korea says NPS has activated strategic FX hedging The move aims to manage FX risk and curb won volatility Hedging could generate dollar selling and support the won Authorities frame it as risk management, not intervention Signals lower tolerance for prolonged currency weakness – South Korea’s central bank, the Bank of Korea,…