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South Korean won hits weakest since March 2009 on hawkish Fed
The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment sparked by the U.S. Federal Reserve's cautious stance on more interest rate cuts, on top of domestic political uncertainty.
The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment sparked by the U.S. Federal Reserve's cautious stance on more interest rate cuts, on top of domestic political uncertainty.
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