·Despite strong exports and stocks, the won remains weak amid the strength of the dollar, fueling talks of a substantial rate hike by the Bank of Korea.
·Korea is posting the kind of economic numbers that would typically support a stronger currency, with exports at record highs and stocks riding a powerful rally.
·Yet the won remains stubbornly weak, trading above 1,500 per dollar for the longest stretch since the Asian financial crisis as the strength of the U.S.
·currency continues to outweigh positive domestic fundamentals.
·The won stabilized at 1,512.1 on Tuesday after financial authorities vowed a forceful response to excessive market volatility, while the National Pension Service activated its currency-hedging program.
