Fitch says the semiconductor boom supports high volatility of the Korean won

Fitch Ratings pointed out that, thanks to the boom in the semiconductor industry, the Korean won will fluctuate within its current high range. Recently, global demand for semiconductors has remained strong, with prices for key products such as memory chips rising. As a core supplier in the global semiconductor industry, South Korea has seen continuous growth in related export volumes, providing strong support for its foreign trade fundamentals. This has become a major driving factor for the resilience of the Korean won exchange rate.