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Korean won crashing

The currency of South Korea, the “won”, is dropping in value precipitously. It’s now a whopping 1440 won to every dollar, compared to it being 1300 won to a dollar even just a month ago. The South Korean economy is apparently melting down even faster than that of the United States.

I’m going to have to refrain from any transactions from Korea to the United States for a while. On the other hand, it could be a chance for profit the other way around. If only I were the sort interested in short-term investments …

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