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View Full Version : Korean Won Falls as Foreigners Sell Stocks, Jobless Rate Climbs - Bloomberg



NewsWhore
02-16-2011, 03:01 AM
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Korean Won Falls as Foreigners Sell Stocks, Jobless Rate Climbs (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEMcVxPJiWrRHbINwvvwD-reHFpzg&url=http://www.bloomberg.com/news/2011-02-16/korean-won-falls-as-foreigners-sell-stocks-jobless-rate-climbs.html)
Bloomberg
The currency fell to a one-month low last week as global funds slashed their holdings of Korean shares by $1.6 billion this year. It strengthened 12 percent in the last two years as foreigners bought $44.1 billion more equities than they sold. ...

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