South Koreas National Pension Service has suspended foreign exchange hedging as the won strengthened to a near two-year high against the dollar. The move could affect dollar supply and demand in the domestic market, with the pension funds large overseas holdings making its currency transactions significant for South Koreas foreign exchange market.

South Korea's NPS, the world's third-largest pension fund with $1 trillion in assets, pauses FX hedging as the won strengthens against the

South Koreas National Pension Service has suspended foreign exchange hedging as the won strengthened to a near two-year high against the dollar. The move could affect dollar…