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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
KRWUSD

South Korean Won Hits Over 1-Month High

The South Korean won climbed 1.5% to around 1,457 per dollar on Wednesday, recovering from multi-month lows to its strongest level in over a month, amid policy support from the National Pension Service and the Bank of Korea. The NPS, in consultation with foreign-exchange authorities, carried out strategic foreign exchange hedging operations and adjusted overseas investment flows to help ease pressure on the currency. The central bank reinforced these efforts by renewing a $65 billion currency swap line with the pension fund and paying interest on financial firms’ reserve deposits to offset temporary losses from the hedging operations. Market participants said these steps helped cap the upside of dollar-won rates amid ongoing volatility. Analysts cautioned, however, that structural factors, including continued overseas investment and the search for higher returns abroad, remain a constraint on the won, leaving it sensitive to global risk sentiment and domestic capital outflows.

Today Markets

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