Won posts largest weekly rise in five months amid growth prospects

Note: This section contains information in English only.
Source: Bloomberg
South Korean Won posted its largest weekly advance in about five months and government bonds rallied as the central bank increased its growth predictions on optimism U.S. lawmakers will keep bond purchases. The South Korean currency jumped 1.6% to 1124.47 versus the U.S. Dollar this week. The yield on the 2.75% government bonds maturing in March 2018 dropped to 3.13% this week.
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