South Korean Finance Minister Choo:

  • South Korea will actively respond to speculative trading in the FX market
  • Will take bond market stabilising measures if needed

On the inflation data just in (CPI accelerated for the 2nd consecutive month and is probably why he is grumpy):

Says inflation will likely stabilise again from October.

krw daily chart 05 October 2023

Its not like the KRW is doing much different to everything else vs. the super-strong USD