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Seoul: Won ends lowest in 2 months, stocks up

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[SEOUL] The South Korean won marked a fourth losing session on Tuesday and closed at its lowest level since March 17, 2016.

The won was quoted at 1,172.6 to the dollar at the conclusion of onshore trade, down 0.6 per cent compared to Monday's close of 1,165.8.

South Korean shares finished higher as China's consumer inflation came in at 2.3 per cent in April, staying level for a third month in a row, relieving some worries about the world's second largest economy's health.

The Korea Composite Stock Price Index (Kospi) closed up 0.8 per cent at 1,982.50 point.

REUTERS