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A South Korea government official in charge of foreign exchange markets cautioned traders about pushing the won currency too low, highlighting the 1,200 level per dollar level as a key area to watch. "Market (investors) would be cautious near the 1,200 won level," a fx official told Reuters over the phone. The 1,200 mark has not been breached since March this year. The won is trading at about 18 month low per dollar.

Copyright Reuters, 2016

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