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flag Won stabilizes near 1,460 won per dollar due to eased Middle East tensions.

flag South Korea's finance minister reports the won has stabilized near 1,460 won per dollar following easing Middle East tensions. flag Koo Yun-cheol, speaking at G20 meetings, attributes the stability to Iran reopening the Strait of Hormuz and optimism regarding a potential US-Iran deal. flag He hopes the currency will appreciate further based on South Korea's strong economic fundamentals.

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