South Korea’s National Pension Service has suspended foreign exchange hedging as the won strengthened to a near two-year high against the dollar. The move could affect dollar supply and demand in the domestic market, with the pension fund’s large overseas holdings making its currency transactions significant for South Korea’s foreign exchange market.
South Korea’s National Pension Service has suspended foreign exchange hedging as the won strengthened to a near two-year high against the dollar. The move could affect dollar supply and demand in the domestic market, with the pension fund’s large overseas holdings making its currency transactions significant for South Korea’s foreign exchange market.
<iframe src="https://hindustansphere.com/embed/cluster/f558efab658229efda92cb17f5fefca6fd22e778" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Global Market | South Korea’s NPS suspends FX hedging as won hits near two-year high: Reports"></iframe>
