PDA

View Full Version : South Korea Won Weakens for First Time in Five Days as Fed Cuts Forecast - Bloomberg



NewsWhore
06-23-2011, 12:40 AM
<img alt="" height="1" width="1" />
South Korea Won Weakens for First Time in Five Days as Fed Cuts Forecast (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH8sgmVqxPPDWj49oK8f2e0ZzLZVg&url=http://www.bloomberg.com/news/2011-06-23/south-korea-won-weakens-for-first-time-in-five-days-as-fed-cuts-forecast.html)
Bloomberg
“The Fed&#39;s projections prompted stock markets to decline and is also weighing on the currency, damping risk demand,” said Cho Young Bok, currency dealer at Daegu Bank in Seoul. “On top of that, the Greek debt issue hasn&#39;t been resolved and lingering ...

and more &raquo; (http://news.google.com/news/more?ned=us&ncl=dTY_aRjslzT9hUM)


More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH8sgmVqxPPDWj49oK8f2e0ZzLZVg&url=http://www.bloomberg.com/news/2011-06-23/south-korea-won-weakens-for-first-time-in-five-days-as-fed-cuts-forecast.html)