Korean Won Holds Near 1,500 Level as Markets Track Fed FOMC Minutes and Samsung Earnings This Week

According to E-Daily, the Korean foreign exchange market this week is closely monitoring the U.S. Federal Reserve's monetary policy stance, particularly following the June FOMC meeting minutes and Fed officials' remarks that could reshape rate-hike expectations. The won-to-dollar exchange rate direction will likely pivot on dollar and yen flows, while Samsung Electronics' second-quarter earnings are also expected to influence currency movements.
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