The South Korean won steadied to around 1,427 per dollar on Monday, halting last week’s decline as improved regional risk outlook supported the currency. Signs of a moderating tone in US–China trade relations contributed to improved market sentiment, easing concerns over a potential escalation in tariff measures. Adding to the upbeat mood, government officials reaffirmed efforts to strengthen bilateral economic cooperation with the United States. Industry Minister Kim Jung-kwan noted that Seoul is in continued discussions with Washington to finalize the framework for Korea’s investment package in the US.
