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View Full Version : Korean Won Drops to Three-Week Low as Fitch Warns of Europe Debt Contagion - Bloomber



NewsWhore
11-16-2011, 11:00 PM
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Korean Won Drops to Three-Week Low as Fitch Warns of Europe Debt Contagion (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFwIYhlP5iM2XS_g13yrr2VvmbDnA&url=http://www.bloomberg.com/news/2011-11-17/korean-won-drops-to-three-week-low-as-fitch-warns-of-europe-debt-contagion.html)
Bloomberg
“The ongoing uncertainties in Europe and the Fitch report will trigger risk-averse sentiment and put downward pressure on the won,” said Jeon Seung Ji, a Seoul-based currency analyst with Samsung Futures Inc. “Still, exporters may start selling dollars ...

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