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USDKRW is back below 1130, currently.....>

KOREAN WON
KOREAN WON: USDKRW is back below 1130, currently trading at 1128.35 as the pair
sits in the middle of its multi-month range despite the recent pick up in
foreign investor equity outflows. 
- Foreign investors sold 390.8 billion won ($345.5 million) more than they
bought of Kospi Index shares yesterday as outflows accelerated from the previous
day. However, the Kospi was virtually flat on the day. - The stabilisation in US
stocks and credit markets helped Korean CDS spreads head lower from multi-month
highs, supporting the won, even as US-Korea real yield spreads edged slightly
wider. 

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