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View Full Version : Korean Won Slides to 2011 Low on Europe Debt Crisis; Bonds Rise - Bloomberg



NewsWhore
09-19-2011, 09:50 PM
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Korean Won Slides to 2011 Low on Europe Debt Crisis; Bonds Rise (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHL41EPML7vPHFxT3lJWn8VlBu7Mg&url=http://www.bloomberg.com/news/2011-09-20/korean-won-slides-to-2011-low-on-europe-debt-crisis-bonds-rise.html)
Bloomberg
“Italy&#39;s credit rating cut is boosting safe-haven demand in the market,” said Kim Ji Myoung, a currency trader at Korea Development Bank in Seoul. “Currency declines will depend on the amount of government intervention and exporters&#39; selling dollars to ...

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