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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Secondary Navigation Singapore Asia Pacific World Search Search: S.Korean won posts biggest weekly gain in 11 yrs Reuters - 1 hour 35 minutes ago SEOUL, Oct 31 - The South Korean won <KRW=> posted its biggest weekly gain in 11 years on Friday on hopes that a $30 billion currency swap with the U.S. central bank would ease a dollar-funding squeeze in South Korea. But the won ended local trade down 3.2 percent on the day due to profit-taking after Thursday's 14.2 percent surge. The local currency was quoted at 1,290.8/1.1 per dollar as of 0600 GMT, compared with Thursday's domestic close <KRW=KFTC> of 1,250 and its local close of 1,424 on Oct. 24. The weekly percentage rise of 10.3 percent was the biggest since a 11.9 percent jump during the week ended on Jan. 18, 1998. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business Philippine stock index soars 4.6 pctAP - 2 hours 6 minutes ago India's Bharti says no plans to give dividendReuters - 2 hours 9 minutes ago Daiichi to move clot prevention drug to phase 3Reuters - 2 hours 9 minutes ago Indonesia's Adaro sees coal output at 42 mln tonnes in 2009Reuters - 2 hours 11 minutes ago Indian shares extend gain to more than 9 pctReuters - 2 hours 14 minutes ago Most Popular – Business Viewed When men see red, they see hot: study Asian stocks soar on US Fed rate cut McCain in defiance as Obama boosted by economic data World's fattest man weds friend's widow Desperate pleas end in despair as starlet's nephew found dead View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology

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