Markets

South Korea won edges higher as exporters sell dollars

Published October 22, 2013 Updated October 22, 2013 06:25am

1 min

By Shoaib Ur Rehman

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SEOUL: The South Korean won ended slightly higher in domestic trade on Tuesday, erasing initial losses as a steady supply of dollars from local exporters triggered additional repositioning among investors and pushed the local currency higher.

The won was quoted at 1,060.8 against the dollar at the end of onshore trade, compared with Monday's domestic closing level of 1,062.2.

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