South Korea's won weakened against the dollar intraday, reversing earlier gains, after the Bank of Korea held its policy rate steady for a fourth consecutive meeting, with the exchange rate touching 1,465.30 won at one point.
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Dollar-Won Reverses Course, Falls Intraday After Fourth Consecutive Rate Hold—Hits 1,465.30 Won at One Point
South Korea's won weakened against the dollar intraday, reversing earlier gains, after the Bank of Korea held its policy rate steady for a fourth consecutive meeting, with the exchange rate touching 1,465.30 won at one point.