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The won moving into negative territory for the session after initially opening higher, the optimism around strong export and PPI data fading as markets consider another record rise in coronavirus cases. Health officials were on the wires saying that the effects of tougher social distancing rules are not yet being seen, and adding that cases are expected to climb again tomorrow before declining from July 23/24. USD/KRW last at 1151.15, the pair hit 2021 highs yesterday at 1153.15.