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₼The measure was formalized through Resolution 1379/2026. The corridors total more than 3,900 kilometers and were awarded to various consortia and private companies. The concession includes construction, maintenance, and operation through tolls.
On the 24th, the Korean won interest rate swap (IRS) rates fell, particularly in the short-term segment, ahead of the Bank of Korea's Monetary Policy Committee meeting on the 27th.
The Korean won to dollar exchange rate fell to 1376.5 won on the 24th, marking the strongest level for the won since mid-September 2025. The weakness of the dollar and strong semiconductor exports have combined to strengthen Asian currencies.
On the 22nd, the U.S. imposed a 50% tariff on approximately $20 billion (about 27.7 trillion won) worth of Canadian goods, and Canada announced it would respond with a similar retaliatory tariff starting September 8. The breakdown of negotiations...