Forex News USD/KRW may rise from 1,018 last close on fund repatriation related to foreigners' recent stock selling, also import settlements, as long as FX authorities do not intervene aggressively to support KRW, traders say. 1-month NDFs end around 1,020.75. Pair tipped in 1,015-1,025 range. Today's focus is on how aggressively FX authorities will intervene in market to support KRW or if they'll just embark on smoothing operation (if they intervene at all), says local bank trader.
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