Won Steady on Subsiding Currency Weakness

2026-01-06 02:52 By Mariene Camarillo 1 min. read

The South Korean won hovered near 1,449 per dollar, holding steady for the third consecutive session as investors assessed official remarks indicating that last year’s sharp currency weakness has begun to subside.

Policymakers stressed that maintaining currency stability remains a top priority and reaffirmed their readiness to implement additional measures if needed.

Finance Minister Koo Yun-cheol said the government is working closely with domestic regulators to swiftly introduce steps to stabilize the dollar-won exchange rate, building on interventions carried out in late December to prevent disorderly market movements.

While authorities acknowledged some recent improvement, they cautioned that volatility in the foreign exchange market remains elevated.

Officials also noted that current exchange-rate levels do not fully reflect economic fundamentals, highlighting the importance of consistent policy efforts to anchor market expectations.



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