South Korea's Won drops as BoK maintains it key rate unchanged

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Source: Bloomberg
The South Korean Won declined to its lowest level in a five-month period as investors picked up their profits from local stocks and as the Bank of Korea maintained its key interest rates unchanged for the fifth month today at 2.75%, a Bloomberg data showed today. The Won dropped 1.1% to 1,109.11 per U.S. dollar touching the weakest level since October at 1,110.61.

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