The South Korean won gained today as the positive US employment report reduced investors’ fear of a new recession, while hopes that the European leaders would find a way to resolve the region’s crisis further bolstered the South Korean currency. The won later fell.
The US
USD/KRW rose from 1,127.7000 to 1,129.6500 today as of 18:56 GMT after falling to 1,124.7000 earlier.
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