Bessent Flags Won’s Weakness as Excessive, Offering Rare Support
US Treasury Secretary Scott Bessent said South Korea’s won has weakened excessively, offering rare verbal support to the currency as it slides toward its weakest since 2009.
By Daedo Kim · Bloomberg Markets
US Treasury Secretary Scott Bessent said South Korea’s won has weakened excessively, offering rare verbal support to the currency as it slides toward its weakest since 2009.