Won surges on capital inflows to South Korea

Note: This section contains information in English only.
Source: Bloomberg
The South Korean Won advanced by 0.5% to 1,130.76 per U.S. Dollar in the morning trading session in Seoul on Thursday. That was the biggest gain in previous two weeks, as worldwide investment funds spur holdings in South Korean equity markets on easing tension with North Korea. Also, the benchmark for seven-day repurchase rate was left unchanged at 2.75%, while the majority of economists predicted a reduction.
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