Thu, 11 Jul 2013 08:27:14 GMT
Won gains most since December 2011 after Fed risk eases
The South Korean Won advanced the most in over 18 months and government bonds surged as the Federal Reserve Chairman Ben Bernanke announced that the U.S. economy still needs monetary stimulus, and South Korea maintained interest rates flat. The South Korea's currency jumped 1.2% to 1,122.39 versus the U.S. Dollar, the largest rise since December 2011.