Won increases on better than expected GDP

Source: Bloomberg
The South Korean Won advanced by 0.2% to 1,115.89 per U.S. Dollar in the morning of Seoul trading session on Thursday. The currency touched 1,114.29, what is the highest level since 17th of April. Investors traded the Won positively, as the gross domestic product increased by 0.9% in the first quarter comparing with preceding three months beating a 0.7% market's estimation. The fourth-largest Asia's economy expanded the most in two years.

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