Japan, South Korea gird for currency, export war

A major export battle is brewing between competitors South Korea and Japan, with the won maintaining its high value as Japan works aggressively to lower the yen. Korean banks are stepping into the fray, expanding funds for lending to exporters, and the South Korean government has signaled it's ready to intervene in currency markets.

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Wall Street Journal, The · Yonhap News Agency (South Korea) · Korea Herald (Seoul), The

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