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View Full Version : Korean Won Gains Most in a Week on Faster Growth, US Rates - Bloomberg



NewsWhore
04-27-2011, 06:01 AM
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Korean Won Gains Most in a Week on Faster Growth, US Rates (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHdRGliROnR_tM0W8Z0w08-cflFQg&url=http://www.bloomberg.com/news/2011-04-27/korean-won-gains-most-in-a-week-on-faster-growth-u-s-rates.html)
Bloomberg
“Market players are betting that the Fed will keep policy rates low, and that will weaken the dollar,” said Han Sung Min, a currency dealer at Busan Bank in Seoul. “Hopes for a global recovery are also supporting Asian currencies. ...

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