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Fifth Cash Handout Possible

SOUTH KOREA

Reports doing the rounds that South Korea are considering a fifth round of cash handouts to combat the pandemic. Markets still do not have all the details of the fourth round of cash handouts. USD/KRW slightly higher after the reports, last at 1107.00, 10-year futures down 16 ticks at 128.65 but have pared around half of their losses.

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