Economy / South Korea
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Won Rebound Reverses, KRW1,325/US$ In Focus
October 2008 | Market StrategySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Our anticipation yesterday of a short-term turnaround in South Korea's won has proved premature, and the currency on Thursday closed at a new 65-month low of KRW1,223.55/US$, smashing through our KRW1,200/US$ downside target, which we first flagged in March