- The South Korean won strengthened, along with most currencies in emerging Asia, amid a broad decline in the dollar after Federal Reserve maintained its outlook for three rate cuts this year.
- Bloomberg Dollar Spot Index falls 0.2% to 1,233.74
- MSCI AC Asia Pacific Index of stocks rises 1.9% to 178.37, the highest level since April 2022
- Fed officials unanimously decided to leave the benchmark federal funds rate in a range of 5.25% to 5.5%, the highest since 2001, for a fifth straight meeting