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The South Korean won fell to around 1,436 per dollar on Tuesday, reversing gains from the previous session as traders turned cautious before US President Donald Trump’s meetings with Asian leaders. In Tokyo, Trump and Japan’s Prime Minister Sanae Takaichi signed a framework deal to strengthen cooperation on rare-earth and critical-mineral supply chains, while markets also watched his upcoming talks with Chinese President Xi Jinping at the APEC summit for potential tariff and export-control signals. Meanwhile, the greenback softened but offered limited relief for the won as caution persisted ahead of the Fed’s policy decision. Additionally, advanced estimates showed South Korea’s economy grew 1.2% quarter-on-quarter in Q3. The Bank of Korea noted that economic growth is on track but maintains a cautious stance. It signaled that an immediate rate cut remains unlikely as it seeks to support growth and financial stability amid risks from US tariffs and capital outflows.

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The South Korean won fell to around 1,436 per dollar on Tuesday, reversing gains from the previous session as traders turned cautious before US President Donald Trump’s meetings with Asian leaders. In Tokyo, Trump and Japan’s Prime Minister Sanae Takaichi signed a framework deal to strengthen cooperation on rare-earth and critical-mineral supply chains, while markets also watched his upcoming talks with Chinese President Xi Jinping at the APEC summit for potential tariff and export-control signals. Meanwhile, the greenback softened but offered limited relief for the won as caution persisted ahead of the Fed’s policy decision. Additionally, advanced estimates showed South Korea’s economy grew 1.2% quarter-on-quarter in Q3. The Bank of Korea noted that economic growth is on track but maintains a cautious stance. It signaled that an immediate rate cut remains unlikely as it seeks to support growth and financial stability amid risks from US tariffs and capital outflows.

暂无中文版本，请点击原文

The South Korean won fell to around 1,436 per dollar on Tuesday, reversing gains from the previous session as traders turned cautious before US President Donald Trump’s meetings with Asian leaders. In Tokyo, Trump and Japan’s Prime Minister Sanae Takaichi signed a framework deal to strengthen cooperation on rare-earth and critical-mineral supply chains, while markets also watched his upcoming talks with Chinese President Xi Jinping at the APEC summit for potential tariff and export-control signals. Meanwhile, the greenback softened but offered limited relief for the won as caution persisted ahead of the Fed’s policy decision. Additionally, advanced estimates showed South Korea’s economy grew 1.2% quarter-on-quarter in Q3. The Bank of Korea noted that economic growth is on track but maintains a cautious stance. It signaled that an immediate rate cut remains unlikely as it seeks to support growth and financial stability amid risks from US tariffs and capital outflows.

暂无中文版本，请点击原文

The South Korean won fell to around 1,436 per dollar on Tuesday, reversing gains from the previous session as traders turned cautious before US President Donald Trump’s meetings with Asian leaders. In Tokyo, Trump and Japan’s Prime Minister Sanae Takaichi signed a framework deal to strengthen cooperation on rare-earth and critical-mineral supply chains, while markets also watched his upcoming talks with Chinese President Xi Jinping at the APEC summit for potential tariff and export-control signals. Meanwhile, the greenback softened but offered limited relief for the won as caution persisted ahead of the Fed’s policy decision. Additionally, advanced estimates showed South Korea’s economy grew 1.2% quarter-on-quarter in Q3. The Bank of Korea noted that economic growth is on track but maintains a cautious stance. It signaled that an immediate rate cut remains unlikely as it seeks to support growth and financial stability amid risks from US tariffs and capital outflows.