Won advandes on a new U.S. budget otimism

Source: Bloomberg
© Scanpix/AP
The Won, South Korea's currency, increased by 0.2% to 1,084.13 per Dollar in the end of Seoul trading session on Thursday. The Won gained on the Barack Obama's comments that he will reach an agreement with Congress on a new U.S. budget for 2013 to avoid so-called fiscal cliff. However, currency's gains were not significant as traders were cautious due to possible South Korea's intervention to curb an increase of the Won.
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