South Korean domestic currency Won
depreciated as investors remained worried about European debt turmoil impact on
Asia's growth. The Won lost 0.2% against greenback reaching 1,154.45 Won
per one US Dollar. On yearly basis South Korean currency has dropped 2.2%. Experts
predict further depreciation for the Won. Domestic inflation reached 4.2% in
December while yields on sovereign bonds due 2016 climbed two basis points.