Hanwha Ocean sold roughly $2bn in the USD/KRW forward market on Friday, sources said; the company did not comment. The report coincided with the won strengthening about 0.6% to 1,500 per USD. The intervention occurred as Korean policymakers seek to stem won weakness and amid market expectations that SK Hynix’s planned US ADR issuance will slow offshore sales of Korean equities and reduce capital inflows. South Korea’s deputy finance minister said he expects local-currency supply-demand condition

Hanwha Ocean sold roughly $2bn in the USD/KRW forward market on Friday, sources said; the company did not comment. The report coincided with the won strengthening about 0.6% to 1,500 per USD. The intervention occurred as Korean policymakers seek to stem won weakness and amid market expectations that SK Hynix’s planned US ADR issuance will slow offshore sales of Korean equities and reduce capital inflows. South Korea’s deputy finance minister said he expects local-currency supply-demand conditions to shift by H2 2026 and predicted exporters’ dollar holdings will generate inflows via FX forwards.