SEOUL: The South Korean won was flat early on Tuesday in onshore trade with few bids in the market ahead of the Christmas holiday and the year-end.
The local currency was quoted at 1,060.6 against the dollar as of 0244 GMT, barely changed from Monday's domestic close at 1,060.7.
Some dollar sales from local exporters were seen by traders but the bids were too small to sway the direction of the market, investors said.
"There are few participants today and offshore bids are also quiet," said a foreign bank dealer in Seoul. The dealer said that recent wariness near the 1,060 level against possible government intervention to curb the won's strength against the dollar added to the market's sluggishness.
The benchmark Korea Composite Stock Price Index was up 0.2 percent.
March futures on three-year treasury bonds ticked down 0.01 point to trade at 105.65.
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