Against the Japanese yen, the South Korean won traded higher during early Asian deals on Monday. At 12:15 am ET, the won reached a high of 12.9670 against the yen, compared to 12.9710 hit late New York Friday. The next upside target level for the South Korean currency is seen around 12.918.

Yen vs KRW (FX:JPYKRW)
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Yen vs KRW (FX:JPYKRW)
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