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#Foreign Exchange

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Global Banks Raise South Korea's 2026 Inflation Forecast to 2.0% Amid Weak Won
EconomyEN
Global Banks Raise South Korea's 2026 Inflation Forecast to 2.0% Amid Weak Won

Major investment banks have lifted South Korea's 2026 inflation forecast to 2.0%, citing the persistently weak won. With the currency nearing 1,500 per dollar, import costs are rising, posing a dilemma for the Bank of Korea.

South Korea Signals Slower $20 Billion U.S. Investment Pace to Defend Weakening Won
PoliticsEN
South Korea Signals Slower $20 Billion U.S. Investment Pace to Defend Weakening Won

A South Korean official stated the country's 2026 investment in the U.S. will likely be 'much smaller' than the $20 billion cap, a move to calm markets as the won hits a 16-year low.

South Korea Vows 'Decisive' Action to Prop Up Tumbling Won
EconomyEN
South Korea Vows 'Decisive' Action to Prop Up Tumbling Won

South Korea's finance ministry has signaled decisive intervention to support the falling won. The move comes as investors shift funds abroad, raising concerns about market stability.