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Little to report for USD/KRW today as....>

KOREAN WON
KOREAN WON: Little to report for USD/KRW today as the rate sticks to familiar
territory, operating within a tight range, last dealing little changed at
KRW1,181.40.
- The latest round of headlines surrounding the South Korea-Japan trade spat
have come from South Korean President Moon as he states that the country is
preparing countermeasures to the Japanese export restrictions which have been
deemed an "unprecedented emergency." Moon has conceded that the curbs could be
prolonged, and noted that the impact of the curbs will be reflected in the
country's budget projections.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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