The South Korean won strengthened to around 1,374 per dollar on Thursday, recovering from the previous session’s losses as investor focus shifted to domestic monetary policy developments, supported by a weakening dollar. The Bank of Korea decided to maintain its benchmark interest rate at 2.50% during the July 10 meeting, reaffirming a prudent policy stance amid concerns over elevated household debt and accelerating home prices. These financial stability risks have prompted the implementation of stricter mortgage regulations. Looking ahead, the timing of any further policy adjustments is expected to be contingent upon evolving trends in consumer demand, housing market dynamics, and external developments, including ongoing trade tensions and US tariff policies.