Authorities cite pension fund's growing overseas investments as key driver of strain, move to reinforce tools to reduce market dollar buying
Foreign exchange authorities said Monday they have begun talks with the National Pension Service to extend a currency-swap arrangement set to lapse at the end of the year, as policymakers roll out measures to counter the won’s persistent slide.
The move was announced after a Sunday meeting convened by Finance Minister and Vice Prime Minister Koo Yun-cheol, bringing together senior
Continue Reading on The Korea Herald
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.