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South Korea's currency chief says in talks with Japan, allies
South Korea's vice finance chief warns the won is significantly misaligned with economic fundamentals, down 7.4% this year, as officials coordinate with Japan and the U.S. on market stabilization.
South Korea's vice finance chief on Thursday said Seoul is closely communicating with Japan and other key allies on foreign exchange issues, and warned that the won has become significantly misaligned relative to economic fundamentals.