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View Full Version : South Korean Won Weakens, Bonds Gain After Europe Credit Rating Downgrades - Bloomber



NewsWhore
01-15-2012, 08:40 PM
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South Korean Won Weakens, Bonds Gain After Europe Credit Rating Downgrades (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF6f8bUOQTDE4WEh1H1cIF7vGmyEQ&url=http://www.bloomberg.com/news/2012-01-16/south-korean-won-weakens-bonds-gain-after-europe-credit-rating-downgrades.html)
Bloomberg
“The won is weakening following rate cuts in Europe, but declines will be limited as the news was pretty much expected in the market,” said Byeon Ji Young, a Seoul-based currency analyst at Woori Futures Co. “Exporters selling dollars to convert income ...

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