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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
JPYUSD

Korean Won Falls on Weaker FX Sentiment

The South Korean won slipped to around 1,472 per dollar, approaching seven-month lows, as persistent capital outflows were driven by domestic investors increasing overseas equity holdings. The currency has fallen roughly 5% against the dollar this quarter, approaching a 16-year low, highlighting ongoing pressures on the FX market. Investor caution heightened as import prices rose at the fastest pace in 19 months in November by 2.6% month-on-month, up from 1.9% in October, reflecting the impact of the weaker won on import costs. Amid these conditions, Kim Jong-hwa, a central bank board member, warned that exporters without adequate currency hedges and smaller businesses unable to pass on higher import costs face significant challenges. Separately, concern was tempered as the Ministry of Economy and Finance reported a recovering economy, with the monthly Green Book noting three months of improvement in consumption and exports.

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