Won advances to highest in 6 weeks after exporters sell Dollars

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Source: Bloomberg
© Scanpix/Reuters
The Won rose to the highest in six months amid speculation exporters of South Korean are exchanging yields from overseas sales, and government bonds strengthened. The Won gained 0.3% to 1,103.50 per greenback, the most since March 14, while the return on the 2.75% government bonds due March 2018 dropped to 2.56%, down two basis points.

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Tue, 30 Apr 2013 09:56:03 GMT

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