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South Korean stocks are on track for their biggest one-day drop in a month as investors continue to assess the geopolitical situation in the region.
The Kospi was down 0.9 per cent in afternoon trade on Monday, facing its biggest one-day drop since March 3.
The Korean currency was 0.7 per cent weaker at Won1142.52 per dollar and eyeing its fifth day of declines in a row. Including today’s move, the won has fallen in nine of the past 10 sessions, and is trading at its weakest level against the greenback since mid-March.