South Korea announced new steps to stabilise its foreign exchange market, saying it will strengthen oversight of exporters’ FX transactions and monitor overseas investment flows on a regular basis. The government said the measures aim to address persistent imbalances in FX demand and supply that have contributed to recent volatility in the won.

Authorities plan to review exporters’ foreign currency dealings and look for ways to support their overseas investment activities through policy tools. They will also carry out inspections to ensure adequate investor-protection measures are in place for outbound investments.

In addition, the government confirmed that the Bank of Korea and the National Pension Service are in discussions to extend their existing FX swap line, a mechanism that helps ease dollar liquidity pressures. Officials said the combined measures are part of broader efforts to strengthen market functioning and bolster stability.