Global Market | South Korea’s NPS Suspends FX Hedging as Won Hits Near Two-Year High: Reports

Global Market | South Korea’s NPS suspends FX hedging as won hits near two-year high: Reports

South Koreas National Pension Service has suspended foreign exchange hedging as the won strengthened to a near two-year high against the dollar. The move could affect dollar supply and demand in the domestic market, with the pension funds large overseas holdings making its currency transactions significant for South Koreas foreign exchange market.

South Korea pension fund suspends FX hedging as won hits two-year high, source says

This comes as the won strengthened to a near two-year high. Read more at straitstimes.com.

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South Korea's trillion-dollar pension fund pauses foreign exchange hedging as won strengthens

South Korea's NPS, the world's third-largest pension fund with $1 trillion in assets, pauses FX hedging as the won strengthens against the

South Korea’s trillion-dollar pension fund pauses foreign exchange hedging as won strengthens

The NPS's hedging pause highlights a shift towards adaptive currency management, influencing global FX strategies and market dynamics. The post South Korea’s trillion-dollar pension fund pauses foreign exchange hedging as won strengthens appeared first on Crypto Briefing .