(Bloomberg) -- South Korea's won weakened to a one- week low on concern the central bank will sell the currency to support exporters.
The currency declined for a fourth day, the longest stretch in two months, as Deputy Finance Minister Kim Sung Jin yesterday said the government would act to curb speculation in the market when appropriate. The won this week reached the strongest since Dec. 18, pushing up prices for Korean exporters overseas relative to competitor nations in the region.
Read more at Bloomberg Currencies News
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