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The Nexus
BUSINESSApr 22 · 04:24 UTCBLOOMBERGHooyeon Kim

Korea FX Deposits Slide by Record as Weak Won Spurs Conversions

South Korea's foreign exchange deposits declined sharply as a weak won prompted conversions. The country's stocks and currency fell following President Donald Trump's warning to North Korea about potential U.S. responses.

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