Won drops to four-week low on pressure from North Korea

Source: Bloomberg
© Scanpix/AP
The South Korean Won was lower by 0.2% to 1,119.70 per U.S. Dollar in the morning of Seoul trading session on Monday. The currency touched a 1,121.08 level, which is the weakest since 23th of April. The Won lost some of its value, as North Korea fired missiles during the weekend, fueling tension among countries.
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Mon, 20 May 2013 08:20:04 GMT

Taiwan Dollar steps higher most in three weeks on capital inflows

The Taiwan's Dollar was higher by 0.3% to 29.96 per U.S Dollar by the midday trading session in Taipei on Monday. The currency advanced the most since 29th of April, as global funds increased their holdings in island's equity market. The domestic government reviewed taxes on capital gains in the country.

Fri, 17 May 2013 10:38:03 GMT

Pound drops versus U.S. Dollar on speculation Fed to slow stimulus

The British Sterling decreased against the U.S. Dollar on Friday completing its weekly fall on speculation that the Federal Reserve may begin slowing its bond-buying program boosting demand for the U.S. currency. The Pound declined by 0.2% to $1.5244 at 7:50 a.m. in London following a drop to $1.5174 on May 15, the lowest level since April 4.

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