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The South Korean won (KRW) is managed by The Bank of Korea (http://eng.bok.or.kr/eng/), which serves as the central bank of South Korea and issuer of South Korean won. Currently, the currency is underpinned by favorable trade conditions, which include a solid account/trade surplus, healthy government finances and a relatively sound economic growth outlook. However, it should be noted that the country’s monetary authorities continue to monitor external risks to the currency, particularly the impact of Japanese monetary policy, but are prepared and ready to manage the KRW accordingly.