Korean Won Falls 1.49% Against U.S. Dollar on May 12, Asia-Pacific Session Sees Sharp Decline

According to market data, the Korean won fell 1.49% against the U.S. dollar to close at 1,493.90 won on Tuesday (May 12). The currency experienced sustained losses throughout the day, with particularly sharp declines during the Asia-Pacific morning session before the pace of decline slowed after 10:00 a.m. Beijing time.
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