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not in line with market expectations, leading market players to purchase the U.S. d▓ollar considered as safe haven.South Korea's foreign exchang▓e authorities conducted smoothing operations to intervene in the FX market showing pani▓c moves, but it failed to stop the dollar purchases.The won/yen exchange rate was quoted at 1,167.88 won per 100 yen as of 1:30 p.m.▓, up 69.05 won from the pre

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vious close due to strong demand for the Japanese yen, regarded as safe haven currency among traders.The benchmark KOSPI ▓tumbled more than 4 percent to fall below the 1,900 points, while the tech-savvy KOSDAQ index plunge▓d 7 percent, issuing a side car alert to stop stock trading for five minutes.South Korea's financial authorities held an emergency meeting to discuss countermeasures ag▓ain

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st the highly expected British vot▓es to leave the EU.Attendants at the meeting were vice finance minister, vice chairman of the f▓inancial regulator, vice governor of the▓ central bank and the vice chairman of the financial watch▓dog. Please scan the QR Code to follow us on InstagramPlease scan the QR Code to follow us on Wechat A vendor makes a traditional food in a night market in Kaif

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echatS▓.Korea's financial markets fall

eng, centr▓al China's Henan Province, May 17, 20▓16. Kaifeng has a long history of its famous ▓night market where a wide range of ▓food specialities such as five-spice bre▓ad, steaming pie and dumplings are on sale. In the evening, Kaifeng's streets turn ▓into restaurants while hundreds of vendors▓ open their stands and begin selling food for people f

into panic on

looming Brexit fearsS.Ko

2016 13:55 BJTTh

▓e South Korean currency was qu

rom the nearby cities, as the atmosphere is very appealing. More galleriesEnjoy a traditional food i▓n Kaifeng's night marketPlease scan the QR Code to follow us▓ on InstagramPlease scan the QR Code to follow us on Wechat'+sli.t

ext()+'Dumping the current "market econom▓y" paradigmDumping

ments to provi▓de f

rative orders.&n

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into panic on

2016 13:55 BJTTh