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View Full Version : Western Asset Buys Korean Won on ‘Highly Competitive’ Exports - Bloomberg



NewsWhore
03-31-2009, 10:30 PM
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Western Asset Buys Korean Won on ‘Highly Competitive’ Exports (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Da9ObleNwM8rU%26refer%3Dasia&cid=1322697014&ei=BdPSSZKuJJm7jAel4ujfCA&usg=AFQjCNG0IC1rJFW3Rv_QGH1TvGot6NDWUQ)
Bloomberg
By Lilian Karunungan April 1 (Bloomberg) -- Western Asset Management Co. bought the South Korean won last month, predicting the currency’s 29 percent decline in the past year and China’s stimulus plan will make Korea’s exports “highly competitive. ...


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