South Korean Won:
1. Bank of Korea Governor: The won's decline is partly due to increased South Korean investment in overseas stocks.
2. Bank of Korea Governor: The USD/KRW exchange rate at the high of 1400 points seems far removed from the fundamentals of the South Korean economy.
Other:
1. Hong Kong dollar interbank offered rates (HIBOR) saw their biggest weekly drop since May.
2. Singapore's 2025 GDP growth was revised upward to 4.8%, a significant revision from previous estimates.
3. Traders: The Reserve Bank of India may sell dollars through state-owned banks to defend the 90 rupee level.
4. ING: The Bank of Japan's rate hikes will be quite gradual, with the next hike most likely in October.
5. Barclays maintains its forecast of a Fed rate cut in 2026, expecting 25 basis point cuts in March and June respectively.
