The South Korean won and shares rose to their strongest in over two weeks early on Monday as weaker than expected US jobs data reduced speculation on an imminent increase in US interest rates.
The won was quoted at 1,109.3 per US dollar as of 0208 GMT, up 0.7 per cent compared to the previous close of 1,117.2.
The Korea Composite Stock Price Index (Kospi) was up 0.8 per cent at 2,055.58 points.
The currency and the stocks were both at their strongest since Aug 19 of this year.
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The won was quoted at 1,109.3 per US dollar as of 0208 GMT, up 0.7 per cent compared to the previous close of 1,117.2.
The Korea Composite Stock Price Index (Kospi) was up 0.8 per cent at 2,055.58 points.
The currency and the stocks were both at their strongest since Aug 19 of this year.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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