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S Korean president vows not to intervene in foreign exchange market
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20:45, November 21, 2008

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South Korean President Lee Myung-baksaid that his government has no intention to intervene in the foreign exchange market, South Korea's Yonhap News Agency reported on Friday.

"The economy should be allowed to roll on its own. An external shock is not desirable," said Lee, who is conducting a state visit to Peru, to South Korean journalists in Peru.

Lee's remarks came as the value of the won dipped below 1,500 won against one U.S. dollar earlier on Friday.

Source: Xinhua



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