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        KRW

        Korean Won – Market News

         

        Turkey finally raises rates – Lira jumps 11 percent

        On Thursday Turkey’s central bank finally caved into financial markets and jacked up interest rates by a hefty 4.75 per cent raising the benchmark rate to 15 per cent promising to remain tough on inflation.

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        Fintech Money Transfers Up 2,500 percent in South Korea Last Year

        The number of international money transfers handled by fintech providers in South Korea has grown 2,500 percent in little over a year, the country’s financial regulator has said.

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