South Korean won is tops among 30 currencies in recent gains against U.S. dollar

05/9/2013 | Korea Herald (Seoul), The

The South Korean won has gained more in the past month against the U.S. dollar than 29 other currencies amid quantitative easing in other economies and relatively high Korean interest rates. The rise is seen posing a threat to Korean exports. Other Asian currencies gaining against the dollar were those of Malaysia, Taiwan and the Philippines.

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Korea Herald (Seoul), The

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