Korea won

[arafiee]

WON naik lagi !!!

WSJ, NOVEMBER 30, 2011, 03:24 ET
S Korea Won Naik Lagi Lewat Untuk Hari lurus Ketiga; Bon menaik

SEOUL (Dow Jones) - Korea Selatan Won menaik bagi tiga hari berturut-turut berbanding dolar AS hari ini dengan harapan yang meningkat lebih kemajuan dalam rundingan hutang zon euro, dengan menteri-menteri kewangan Eropah bersetuju lewat Selasa atas terma-terma untuk menghulurkan dana bailout di rantau ini.
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(http://online.wsj.com/article/BT-CO-20111130-702385.html)



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[arafiee]

Won dropped !!!

Korean Won Erases Gains on Speculation Importers Bought Dollars:-?
Bloomberg, December 12, 2011, 7:29 PM EST

By Jiyeun Lee

Dec. 12 (Bloomberg) -- South Korea’s won closed little changed, erasing an earlier gain on speculation importers bought dollars to settle bills. Government bonds were steady.

The currency rose as much as 0.7 percent today after European leaders agreed on new fiscal measures to contain the region’s debt crisis, supporting demand for riskier assets. The Kospi Index of shares advanced 1.3 percent after last week’s European summit resulted in an accord that tightens budget rules and provides an extra 200 billion euros ($267 billion) of financial aid for euro-zone nations. U.K. Prime Minister David Cameron refused to back the effort.

“The positive sentiment about Europe wasn’t so strong among investors,” said Yu Won Jun, a Seoul-based currency trader at Korea Exchange Bank. “The won reversed movements as importers bought dollars.”
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(http://www.businessweek.com/news/20...-on-speculation-importers-bought-dollars.html)



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