The South Korean won weakened to around 1,478 per U.S. dollar in Thursday trading, approaching its weakest level in roughly eight months, according to foreign-exchange market data, as sustained dollar demand continued to weigh on the currency.

While broad U.S. dollar strength remains a backdrop, South Korean authorities have increasingly pointed to domestic factors shaping foreign-exchange supply and demand, including overseas investment flows and corporate FX behavior.

In response, the Ministry of Economy and Finance (MOEF) this week held a meetingwith major exporters, including Samsung Electronics and SK Hynix, to review FX transaction trends and discuss cooperation