Thu, 02 May 2013 11:46:04 GMT
Won steps to 7-week high on trade surplus
The South Korean Won strengthened 0.1% to 1,100.20 per U.S. Dollar since 30th of April in the morning of Seoul trading session Thursday. The exchange rate touched 1,098.15, what is the strongest level since 13th of March. The Won gainedas a domestic trade surplus was announced and Fed stimulus program spurred speculation that investors will purchase more emerging-market assets.