South Korea pledges to take action if needed as Won weakens | Hindustan Times

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The won weakened to the lowest since April on Thursday as foreign investors unloaded the nation’s stocks.

South Korea pledges to take action if needed as Won weakens

South Korea's finance ministry vowed to monitor markets closely and take necessary actions to stabilize the won, which hit a six-month low. Following a decline due to foreign stock sell-offs, officials emphasized readiness to intervene, especially amid ongoing Korea-US tariff negotiations. The won slightly recovered, rising 0.2% to 1,434.50 per dollar.

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