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South Korea Tightens FX Rules to Temper Won Surge – Wall Street Journal

finance - Google News Nov 27th, 2012 Finance.



South Korea Tightens FX Rules to Temper Won Surge
Wall Street Journal
SEOUL--South Korea's financial authorities on Tuesday announced lower ceilings on banks' foreign exchange forward positions, a move designed to rein in a surging Korean won, which threatens to hurt the nation's critical export industry and attract ...

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