Check out our new Money Talks post on Vietnam

Currency News

South Korean won falls to 15-month low, shares down on weak oil prices

SEOUL: The South Korean won fell to a fresh 15-month low on Monday after a plunge in oil prices and commodity-linked currencies triggered a broad rally in the US dollar. 

The won was quoted at 1,113.5 to the dollar at the conclusion of domestic trade on Monday, compared to Friday's closing rate of 1,107.9. 

The currency was further weighed by data showing an unexpected fall in South Korea's exports in November, strengthening expectations of another rate cut by the country's centr .. 

original source: http://economictimes.indiatimes.com/markets/forex/south-korean-won-falls-to-15-month-low-shares-down-on-weak-oil-prices/articleshow/45333008.cms
Back to Top