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South Korean Won Rises Against U.S. Dollar After SpaceX IPO-Linked FX Demand Eases

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2026-06-10 05:40:25
The South Korean won strengthened against the U.S. dollar after reports said foreign-exchange buying tied to a SpaceX initial public offering had been absorbed. According to Jin10, the move followed market talk that the won’s earlier pressure from dollar-buying demand related to the SpaceX IPO had largely been digested.
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