South Korea's FSS and Central Bank to Inspect Speculative Won Trading, Require Enhanced Bank Risk Management

According to the Financial Supervisory Service (FSS), South Korea's financial regulator and central bank will conduct inspections into speculative won trading. The FSS has also required banks to strengthen risk management measures to address market volatility. The regulator emphasized that excessive foreign exchange market fluctuations and one-sided positions are undesirable, while reaffirming that South Korea's economic fundamentals and external creditworthiness remain sound.
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