Won falls as fluctuations in exchange rate are excessive

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
South Korea's Won weakened for a second day as Deputy Finance Minister Choi Jong Ku said measures should be undertaken to curb fluctuations in the exchange rate. The won lost 0.2% to 1,085.73 per U.S. Dollar, after earlier touching 1,080.05, the highest level since September 9, 2011. One-month implied volatility declined 10 basis points to 5.70%. 

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