Bank of Korea sold net $800 million for FX intervention in Q2
NeutralFinancial Markets

The Bank of Korea reported a net sale of $800 million for foreign exchange intervention in the second quarter. This move is significant as it reflects the central bank's efforts to stabilize the currency amid fluctuating market conditions. Such interventions are crucial for maintaining economic stability and investor confidence, especially in times of uncertainty.
— Curated by the World Pulse Now AI Editorial System