Thursday, 14 June 2007

Asian Currencies Strengthen, Reflecting Gains in Regional Stock Markets

(Bloomberg) -- South Korea's won strengthened after
overseas investors bought the most stocks in a year.

Global fund managers needed won to purchase $488 million of
Korean shares, turning net buyers for the first time in seven
days, according to stock exchange figures. The benchmark Kospi
index climbed 2.7 percent.


Read more at Bloomberg Currencies News

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