Seoul: Won rebounds, stocks weaken
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SEOUL] The South Korean won built on a rebound on Tuesday after a sudden fall the previous session as markets waited for clues about incoming US president Donald Trump's economic policies at a news conference on Wednesday.
The won was quoted at 1,194.6 to the dollar at the conclusion of onshore trade, up 1.1 per cent compared to Monday's close of 1,208.3.
South Korean shares finished lower with the Korea Composite Stock Price Index (KOSPI) closing down 0.2 per cent at 2,045.12 points.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus