South Korea Considers Using FX Fund to Absorb Dollars Raised From SK Hynix ADR Issue
2026-07-15 23:38:47
South Korean foreign exchange authorities are discussing the use of the foreign exchange stabilization fund to buy dollars raised from SK Hynix's ADR issuance, in an effort to curb potential sharp fluctuations in the USD/KRW exchange rate. According to Jin10, the Korea Economic Daily reported the news, citing investment banking sources.
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