SEOUL: The won steadied against the robust dollar on exporters' dollar sales on Thursday, after South Korea's current account surplus jumped to a record amount in October on firmer exports.
The won was quoted at 1,061.9 per dollar at 0245 GMT, just below Wednesday's domestic close of 1,061.1.
It reflected the South Korean currency's resilience against the dollar's rise and the yen's fall since late Wednesday, which traders attributed to the current account data released before onshore trading started.
Asia's fourth-largest economy posted a current account surplus of a record $7.92 billion in October on a seasonally adjusted basis, up sharply from a revised $4.93 billion surplus in September, Bank of Korea data showed.
So far this year, the current account surplus has reached$58.26 billion before seasonal adjustment, on course for a record $63 billion surplus for the whole of the year as forecast by the central bank.
Dollar sales also flew in as South Korean export companies tend to offload the bulk of their sales revenue received in dollars during the month over the last several days.
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