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Samsung Electronics and SK hynix's record shareholder returns are expected to trigger billions of dollars in currency conversions, potentially strengthening the Korean won.
Analysts believe the won's recent rally could gain further momentum from these initiatives. The Korean won broke into the 1,300-per-dollar range earlier this month for the first time since October, and has been hovering around the 1,370-1,380 per dollar range in recent sessions.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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