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New Virus Cases Below 500

KRW

The won gapped lower at the open but has lost some ground since, USD/KRW last down 6.25 at 1115.00.

  • South Korea reported 463 daily new coronavirus cases, the smallest number in a week on Monday due to fewer tests over the weekend, but health authorities remained worried over a potential spike amid spreading variant cases.
  • Markets look ahead today to a speech from South Korean president Moon to commemorate four years in office.

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