According to Yonhapinfomax, South Korea's FX swap points declined across most tenors on November 10. The one-year contract fell 0.30 won to close at -14.10 won, while the six-month and three-month contracts ended at -6.40 won and -3.10 won respectively. Market participants attributed the decline to easing demand for Korean won funding as month-end and month-beginning reserve requirements approached completion.
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