Dayeon Hong, NATIXIS APAC Rates & FX Strategist, discussed the recent dynamics in South Korea's financial markets, highlighting the resilience of the Korean won despite significant equity sell-offs and foreign outflows. Government interventions and hedging by the National Pension Service have supported the won's appreciation. (Source: Bloomberg)
Dayeon Hong, NATIXIS APAC Rates & FX Strategist, discussed the recent dynamics in South Korea's financial markets, highlighting the resilience of the Korean won despite significant equity sell-offs and foreign outflows. Government interventions and hedging by the National Pension Service have supported the won's appreciation. (Source: Bloomberg)
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