ChainCatcher news, according to Jinshi reports, the South Korean government stated that it will provide unlimited liquidity to the market when necessary.
Brad Bechtel, Global Head of Foreign Exchange at Jefferies, said that South Korean leadership has previously used this approach during significant political turmoil or power transitions, but it remains concerning. He believes the Korean won will temporarily remain volatile. This will largely depend on the reaction of overseas investors to the South Korean stock market. If they begin to sell off in large amounts, the USD/KRW may rise to 1450.