South Korea’s largest pension fund removed its cap on currency hedging last month, giving it greater flexibility to intervene in FX markets amid won weakness. The change is structurally relevant for won supply/demand and hedging flows, but the article provides no additional size, timing, or transaction details. Overall impact is modest and primarily FX-specific.
South Korea’s largest pension fund removed its cap on currency hedging last month, giving it greater flexibility to intervene in FX markets amid won weakness. The change is structurally relevant for won supply/demand and hedging flows, but the article provides no additional size, timing, or transaction details. Overall impact is modest and primarily FX-specific.
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