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The Economic Times

Markets / The Economic Times

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Global Market: Bank of Korea steps up won support with $9.6 billion sale

South Koreas central bank sold a net $9.612 billion in foreign currency during the second quarter to support the weakening won, marking its seventh consecutive quarter of intervention. The won fell 2.1% against the dollar during the period, pressured by a stronger U.S. currency and global market volatility, raising inflation concerns.

30 Sep 2026 2:21 pm