This is the 1473rd most frequent Korean word.
통화
"통화" means "a phone call" or "currency" depending on context.
In this sentence, '통화 중' (during a call) specifies the state of being engaged in a phone conversation as an ongoing action.
지금 통화 중이니까 나중에 전화할게요.
I'm currently on a call, so I will call you later.
This usage of '통화' refers to the telephone conversation in the context of costs or charges associated with it.
이 통화 요금은 누가 내나요?
Who will pay for this call charge?
Here, '통화' (talk/call) is used to indicate a telephone conversation that occurred.