Korea using all means to weaken currency

South Korea's finance ministry said on Friday 6 January it would mobilise all possible means to curb the won's recent sharp appreciation against the US dollar.

The statement came after Korea's currency hit an eight-year high against the US dollar.

"We're deeply worried about moves in the foreign exchange market that can't be seen as normal," said Kwon Tae-shin, a vice finance minister, after chairing an emergency meeting with central bank and trade ministry officials and other regulators. "The

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