Wed, 12 Dec 2012 10:09:53 GMT
Won trades near 15-month high after North Korea's rocket launch
The South Korea Won traded close to the highest level in 15 months and stocks rose after North Korea's rocket launch. The Won closed 0.2% higher at 1,074.93 per U.S. Dollar in Seoul. It fetched 1,073.64, the strongest since September 2011, before paring gains following the rocket launch. The Kospi Index gained 0.6%, closing at its highest level since October