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View Full Version : Korean Won Slumps to 1-Year Low on U.S. Outlook; Bonds Fall - Bloomberg



NewsWhore
09-21-2011, 09:40 PM
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Korean Won Slumps to 1-Year Low on U.S. Outlook; Bonds Fall (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEPII73jADhY7xDMX55IBr97iVRRQ&url=http://www.bloomberg.com/news/2011-09-22/korean-won-slumps-to-1-year-low-on-u-s-outlook-bonds-fall.html)
Bloomberg
“It seems the Fed announcement is boosting demand for dollars instead of doing the opposite, after its comments on the economic downside risk,” said Lee Jin Ill, a Seoul-based senior currency dealer with Hana Bank. “The plan to buy long-term bonds was ...

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