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Seoul: Shares, won finish down after Fed rekindles rate hike views

Thursday, October 29, 2015 - 14:25
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[SEOUL] South Korean shares and the won fell on Thursday as expectations that the US Federal Reserve will hike interest rates in December got more traction.

The Korea Composite Stock Price Index (KOSPI) closed down 0.4 per cent at 2,034.16 points.

The local currency ended down 1.0 per cent at 1,142.3 per dollar at the conclusion of onshore trade, compared to Wednesday's close of 1,131.0.

REUTERS