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South Korean Won edges up against US Dollar as BoK hikes interest rates

South Korean Won edges up against US Dollar as BoK hikes interest rates

Source Summary

The South Korean Won (KRW) reflects broader strength against the US Dollar (USD) as the Bank of Korea (BoK) delivers its first interest rate hike in three-and-a-half years, raising rates by 25 basis points (bps) to 2.75%.

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