An electronic trading board at Hana Bank headquarters in central Seoul shows the won-dollar exchange rate falling to the 1,450 range following financial authorities’ intervention on Wednesday. Yonhap

    Authorities intervene in FX market, exchange rate drops to 1,450-won range

    An electronic trading board at Hana Bank headquarters in central Seoul shows the won-dollar exchange rate falling to the 1,450 range following financial authorities’ intervention on Wednesday. Yonhap Financial authorities made a verbal intervention on the foreign exchange market over a drastically weakened won, prompting the won-dollar exchange rate to fall to the 1,450 range…

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