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Korean regulators will investigate speculative won trading and require banks to strengthen risk management

2026-06-08 11:59:46

ME News Report, June 8 (UTC+8), the Financial Supervisory Service of Korea stated that tensions in the Middle East and market expectations of Federal Reserve rate hikes are driving fluctuations in the Korean won exchange rate. The Financial Supervisory Service of Korea has requested banks to strengthen risk management measures to cope with market volatility. Additionally, the Financial Supervisory Service of Korea and the Bank of Korea will conduct inspections on speculative Korean won trading. The Financial Supervisory Service of Korea emphasized that excessive volatility in the foreign exchange market and unilateral positions are undesirable, and stated that Korea's economic fundamentals and external credibility remain solid. (Source: ODAILY)

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