Korean Won Surges Past 1,400 Against US Dollar for First Time Since October

Deep News

08/19

The Korean won strengthened past the 1,400 mark against the US dollar for the first time since last October, outpacing other Asian currencies in a notable rally.

The USD/KRW pair fell as much as 0.9% to 1,398.80, marking a fourth consecutive session of declines for the greenback against the won.

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