Why Korean Pension Fund’s New Hedging Policy Supports Won
South Korea’s largest pension fund removed its cap on currency hedging last month, allowing it to exercise more heft in the foreign exchange market at a time of won weakness.
ORIGINAL SOURCE →via Bloomberg Markets
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · KR
- [FINANCE] Debt-financed stock investment booming as market surges in South Korea - Nikkei Asia
- [CONFLICT] Online shopping sales top record high of over 25 tln won in March on Tesla demand surge
- [CONFLICT] Half of upper elementary students use smart devices for over 2 hours
- [SPORTS] (LEAD) N. Korean women's football club to travel to S. Korea for regional tournament
- [CONFLICT] Hyundai, Kia's U.S. sales drop on base effect, hybrid cars hit record high
- [TECH] Seoul shares up nearly 4 pct late Mon. morning on chip rally