Tue, 05 Aug 2014 08:58:17 GMT
Won rises, reserves at record high
South
Korea's Won appreciated for the second day in a row after the
exporters repatriated their overseas income and foreign-exchange
reserves grew to a record. The exports jumped 5.7% in July as
compared to the year before and the foreign-exchange reserves now
amount to $368 billion. The Won climbed 0.2% to 1,031.75 per dollar
and it is being backed up by the U.S. Dollar sales by