Won rises on improving exports in China

Note: This section contains information in English only.
Source: Bloomberg
The South Korean currency advanced on Tuesday jumping to the strongest level in two years after a government report showed that the South Korean largest trading partner, China, increased exports suggesting that the local economy is improving. The Won fluctuated at 1,052.62 per U.S. Dollar by 10:23 a.m. Seoul time following a touch at the most since August 2011 at 1,051.11.

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Tue, 10 Dec 2013 11:42:07 GMT

Aussie falls on speculation over more stimulus in Australia

The Australian currency declined on Tuesday falling against the U.S. Dollar and traded near the lowest level in five years versus its New Zealand's counterpart on speculation that the Australian Reserve Bank may require further stimulus. The so-called Aussie slipped 0.2% to 90.91 U.S. cents by 11:13 a.m. Sydney time, it slid 0.2% to 93.88 yen and traded at NZ$1.0980.

Tue, 10 Dec 2013 11:20:15 GMT

Pound rises as house prices in U.K. reach 10-year high

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