The Zhitong Finance App learned that, according to people familiar with the matter, South Korea's National Pension Service (NPS) has ended a five-month strategy of selling dollars, which is aimed at supporting the Korean won. People familiar with the matter said that the exchange rate of the won against the US dollar has risen sharply in recent weeks, reaching the highest level since October last year, triggering the mechanism set up within the agency to stop selling the US dollar.

The Zhitong Finance App learned that, according to people familiar with the matter, South Korea's National Pension Service (NPS) has ended a five-month strategy of selling dollars, which is aimed at supporting the Korean won. People familiar with the matter said that the exchange rate of the won against the US dollar has risen sharply in recent weeks, reaching the highest level since October last year, triggering the mechanism set up within the agency to stop selling the US dollar.