[South Korea’s Ministry of Finance: South Korean chip manufacturers and shipbuilding enterprises are heavily dumping US dollars in the forward market]

Published: Jul 14, 2026 15:36
South Korea's Ministry of Economy and Finance said on Tuesday that conditions in the country's foreign exchange market are improving, as major chip and shipbuilding enterprises have begun selling large amounts of US dollars in the forward market. In a statement, the ministry said: "Based on strong fundamentals such as a record trade surplus, structural changes in supply-demand conditions are expected in the foreign exchange market in H2." On Tuesday, the won gained 0.75% against the dollar to 1,486.30, its highest since May 12.

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South Korea's Ministry of Economy and Finance said on Tuesday that con - Shanghai Metals Market (SMM)