Markets

South Korea seen selling dollars to slow won slide

Published June 21, 2013 Updated June 21, 2013 05:56am

1 min

By Shoaib Ur Rehman

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SEOUL: South Korean foreign exchange authorities were spotted selling dollars late on Friday in an intervention aimed at slowing the won's slide, traders said.

The won was trading at around 1,151.9 per dollar at 0543 GMT, far above a session low of 1,159.4. It was still down sharply from Thursday's domestic close of 1,145.7.

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