The South Korean won hovered near 1,495 per dollar, pausing its decline after dropping to its weakest level since 2009 in the previous session following verbal intervention signals from authorities aimed at curbing further losses. South Korea’s Finance Minister Koo Yun-cheol said officials are prepared to act if currency volatility intensifies. After talks with Japan’s finance leadership in Tokyo, he added that authorities are closely monitoring exchange rates and could issue public warnings to ease pressure on the won. Investor sentiment, however, remained fragile as energy markets surged. Oil prices climbed sharply after President Donald Trump indicated that the ongoing confrontation with Iran could persist for several more weeks. The conflict has now stretched into its third week, disrupting oil flows and raising fears of prolonged supply constraints.
