Won falls as Korea considers trading tax to limit inflows

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Source: Bloomberg
South Korea's currency declined, as Deputy Finance Minister Choi Jong Ku said that taxes on bonds and currency trading should be considered in order to help restrict speculative inflows of capital. The Won depreciated 0.3% to 1,085.46 per U.S. Dollar in Seoul after strengthening 0.9% yesterday following a 1.7% decline on January 28. 
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Thu, 31 Jan 2013 10:18:07 GMT

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