Seoul: Won ends at 9-month low on dollar demand; stocks edge up
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[SEOUL] The South Korean won finished at a nine-month low on Tuesday, as the dollar strengthened even more after attacks in Germany and Turkey.
The won was quoted at 1,193.4 to the dollar at the conclusion of onshore trade, its lowest since March 10. It was down 0.6 per cent compared with Monday's close of 1,186.9.
South Korean shares edged up as market heavyweight Samsung Electronics climbed to a record high though the upside was capped due to high demand in safe-haven assets.
The Korea Composite Stock Price Index (KOSPI) closed up 0.2 per cent at 2,041.94 points.
Samsung Electronics ended trade at 1,812,000 won.
REUTERS
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