By Lee Tee Jong, South Korea Correspondent

SEOUL: The South Korean financial authorities are preparing to unveil measures tomorrow, aimed at calming highly nervous markets with the nation's banks and currency under siege.

Yesterday, the won staged a partial comeback to close at 1,310 won to the US dollar, following its largest daily plunge in 11 years. On Thursday, it had nose-dived 133.5 won to 1,373.

Seoul is desperately working out steps to restore banking sector confidence.

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