Korean media: Korean officials say that the weakening of the Korean won is only a short-term phenomenon.

The Korea Economic Daily quoted Kim Yong-fan, the head of the policy office of the South Korean President, as saying in a forum on Wednesday that the current increase in the USD/KRW exchange rate is only a "temporary phenomenon," and South Korea may face pressure for the Korean Won to appreciate in the future. Kim Yong-fan stated that after the sharp rise in the stock prices of Samsung Electronics and SK Hynix, foreign investors immediately took profits, but it takes several years for these companies to convert their USD earnings into Korean Won, which is the reason for the short-term depreciation of the Korean Won. He revealed that South Korea is discussing international cooperation on exchange rate issues and is in communication with Samsung and SK Hynix; South Korea will first assess whether its foreign exchange reserves are sufficient, and then study various response strategies. In discussing energy policy for the era of artificial intelligence, Kim Yong-fan also proposed that South Korea should build as many nuclear power plants as possible.