Korean currency slides amid failed US-Iran talks, Hormuz blockade
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The Korean won weakened markedly against the U.S. dollar Monday as U.S. President Donald Trump ordered a blockade of all ships entering or leaving the Strait of Hormuz after high-stakes peace talks with Iran failed to make a breakthrough. The won opened at 1,495.4 per dollar, down 12.9 won from the previous session's close. The decline came after the United States and Iran concluded marathon talks in Islamabad Saturday (U.S. time) without reaching an agreement. The meeting was the first since a
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