Mon, 18 Mar 2013 07:12:08 GMT
Won drops close to a 6-month low on Cyprus news
The South Korean Won depreciated by 0.5% to 1,116.01 per U.S. Dollar in morning Seoul trading session on Monday. Earlier the currency touched a 1,119.05 level, which was the highest since 27th of September. The won edged lower, as investors took away their assets from emerging markets after Cyprus announced about a levy on bank deposits, threatening to deteriorate Europe's