Won advances as investors boost holdings in Korea's assets

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Source: Bloomberg
The Korean Won rose for a second straight day as an advance in U.S. equity markets urged global funds to purchase South Korean stocks. The Won rose 0.2% to 1,084.40 per U.S. Dollar at 10:08 a.m. in Seoul, with one-month implied volatility falling 11 basis points to 6.73%. Overseas funds increased their holdings of the nation's equities and bonds to a record high in February, according to the Financial Supervisory Service.
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