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South Korea commits to won-stability but delays immediate FX intervention
South Korea’s finance minister defers immediate intervention despite won depreciation, pledging long-term stability amid persistent FX volatility and global dollar demand pressure.
South Korea’s finance minister reaffirmed commitment to currency stability amid a weakening won, but declined to announce any immediate intervention measures. The decision follows recent depreciation tied to global dollar demand and economic uncertainty. Market participants said the absence of action disappointed many, as the won had dropped over 7% in 2025’s second half.