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المشهد العربي
Korean won hits two-year high
The South Korean currency, the won, experienced a significant rise during trading sessions, reaching its highest level in nearly two years, supported by strong momentum in semiconductor sector stocks and continued foreign investor inflows. Foreign net purchases exceeded 800 billion won (approximately $598 million) in the KOSDAQ index. The dollar's exchange rate remained steady at 1,345.10 won after reaching a record level since October 2024. This trend is driven by solid performance in chip and technology companies, particularly Samsung and SK Hynix.
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