[South Korean Regulators to Inspect Speculative Korean Won Transactions, Urge Banks to Strengthen Risk Management] Odaily Planet Daily News: The South Korean Financial Supervisory Service stated that tensions in the Middle East and market expectations of U.S. Federal Reserve interest rate hikes have driven fluctuations in the Korean won exchange rate. The Financial Supervisory Service has requested banks to enhance risk management measures to address market volatility. In addition, the Financial Supervisory Service and the Bank of Korea will conduct inspections on speculative Korean won transactions. The Financial Supervisory Service emphasized that excessive volatility in the foreign exchange market and unilateral positions are undesirable, and stated that South Korea's economic fundamentals and external credit remain solid. (Jin10)