Tue, 28 May 2013 10:47:05 GMT
Won slides as Korean importers purchase Dollars
The South Korean Won was lower by 0.2% to 1,124.9 per U.S. Dollar in the morning of Seoul trading session on Tuesday. The currency touched 1,131.43 on 24th of May, which was the lowest level since 12th of April. Today the exchange rate dropped amid speculation that domestic importers took an advantage of the stronger Won and settled their month-end