South Korea’s Financial Supervisory Service said heightened Middle East tensions and expectations of U.S. Federal Reserve interest-rate hikes have contributed to volatility in the South Korean won.
According to Jin10, the regulator asked banks to strengthen risk controls and preparedness measures to respond to market turbulence.
South Korean Regulator Says Middle East Tensions And Fed Rate-Hike Expectations Are Driving Won Volatility
2026-06-08 07:30:57
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