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#Currency Intervention

Total 3 articles

South Korea's NPS Resumes FX Hedging to Defend Won at ₩1,480 Level
EconomyEN
South Korea's NPS Resumes FX Hedging to Defend Won at ₩1,480 Level

South Korea's National Pension Service (NPS) has resumed strategic FX hedging via a currency swap with the BOK to defend the won as the exchange rate neared a 16-year low.

Yen Jumps to 156 as Minister Signals 'Free Hand' for Intervention
EconomyEN
Yen Jumps to 156 as Minister Signals 'Free Hand' for Intervention

The Japanese yen rallied to the 156-per-dollar level after Finance Minister Satsuki Katayama said Japan has a "free hand" to counter its depreciation, signaling a heightened risk of currency market intervention.

Japan Warns of 'Appropriate Steps' as Yen Tumbles Despite Rate Hike
EconomyEN
Japan Warns of 'Appropriate Steps' as Yen Tumbles Despite Rate Hike

Top Japanese officials have issued strong warnings after the yen fell to a one-month low of 157.78, signaling potential intervention despite a recent BOJ rate hike.