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Citibank wins appeal overturning South Korean antitrust fine for forex rate rigging

By Wooyoung Lee ( June 30, 2021, 06:16 GMT | Insight) -- Citibank won an appeal against the South Korean competition regulator for a fine and a corrective order imposed last year for forex rate rigging, with the Seoul High Court ruling in favor of Citibank Korea today. The ruling overturns the $798,000 antitrust fine imposed on Citibank by the Korea Fair Trade Commission. Citibank won an appeal against the South Korean competition regulator for a fine and a corrective order imposed last year for forex rate rigging....

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