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The Financial Supervisory Service of South Korea and the Bank of Korea will investigate speculative won trading.
The Financial Supervisory Service of South Korea has requested banks to strengthen risk management measures to cope with market turbulence.
In addition, the Financial Supervisory Service of South Korea and the Bank of Korea will conduct inspections on speculative Korean won trading.
The Financial Supervisory Service emphasized that excessive volatility in the foreign exchange market and unilateral positions are undesirable, and stated that South Korea's economic fundamentals and external credibility remain solid.