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S.Korea warns of action to check won's fall

Reuters - Wednesday, August 27

SEOUL, Aug 27 - South Korea will take action to check the won's <KRW=> sharp falls as the country is concerned about its recent decline, a senior finance ministry official said on Wednesday.

"We are worried about the won's recent falls and will closely watch the markets. We will take action, if necessary," Choi Jong-ku, the head of the ministry's international finance bureau, told reporters.

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