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The Korean won against the US dollar has broken the key psychological barrier of 1400.
According to Jin10 data on May 2, the Korean won has broken the key psychological level of 1400 against the US dollar. The possibility of the United States holding trade negotiations has boosted the sentiment in the regional risk asset market. The US dollar fell 1.9% against the Korean won, reaching 1396.60, the lowest level since December of last year.