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Korean won hits lowest since 2009

Korean won hits lowest since 2009

The South Korean won has fallen to its lowest level since 2009, reaching 1.54 won per dollar, due to tensions in the Middle East and foreign selling of local shares. This has impacted the Korean stock market, where the KOSPI index dropped by 4.55% to 8,246.1 points, with foreigners selling off a net amount of 1.4 trillion won.

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