UPDATE 2-S.Korea intervenes in FX market to weaken won


(Updates with markets) By Yoo Choonsik SEOUL, July 27 (Reuters) - South Korean authorities intervened to knock the won lower for a third straight day on Friday, dealers said, exaggerating a slide ignited by a wave of global risk aversion. Data showing that exports of ships and cars boosted South Korea's current account surplus to its biggest in seven months in June did little to offer support for the won. Dealers say authorities have stepped up intervention this week as the won was ...

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