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Wednesday, January 1, 2025

Many Markets Remain Closed, Korean Won & Turkish Lira Falter

Holiday closures continued Thursday in most of Europe, Canada, Australia, New Zealand, Indonesia, South Africa, and other parts of Africa. The dollar strengthened 0.5% against the South Korean won and 0.3% versus the Turkish lira. South Korean President Han Duck-Soo faces impeachment, and the Central Bank of Turkey’s one-week repo rate was slashed by a […]

* This article was originally published here

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