South Korea’s won slid toward its weakest level since the global financial crisis, leading a retreat in Asian currencies, as the dollar strengthened and overseas investors sold local equities.
Won Slides Toward Weakest Since 2009 as Global Funds Sell Stocks
South Korea’s won slid toward its weakest level since the global financial crisis, leading a retreat in Asian currencies, as the dollar strengthened and overseas investors sold local equities.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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