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Friday, 14 May 2010 - S.Korea won trims falls on export deals, stocks
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    Read more with google mobile : S.Korea won trims falls on export deals, stocks

    Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World S.Korea won trims falls on export deals, stocks Reuters - 33 minutes ago Send IM Story Print * Market still sensitive to euro movements -dealer * April import price growth at 13-mth high SEOUL, May 14 - The South Korean won <KRW=> pared losses to close slightly lower against the dollar on Friday, with exporters' dollar offers and a rebound in stock markets fanning the unwinding of dollar long positions. The won came in at 1,130.5 per dollar, versus Thursday's domestic close of 1,128.0. It moved between 1,127.2 and 1,138.0 during the day, mirroring the euro's decline on fears about Europe's harsh fiscal tightening. "In boxed-range trade, market players seem confused whether to hold long or shorts," said a foreign bank dealer in Seoul. "Market reaction to the euro's fluctuations is still sensitive." Separately, South Korean import prices in local currency terms rose by their fastest pace in over a year as oil and raw material prices jumped, data showed. [ID:nSUL000051] 0600 GMT 0038 GMT prev close Won 1,130.5 1,137.1/7.7 1,128.0 Yen/won 12.1611/731 12.2651/774 12.0838/32 KOSPI 1,695.63 1,680.18 1,694.58 (Reporting by Kim Yeon-hee and Lee Kyong-ho; Editing by Jonathan Hopfner) Recommend Send IM Story Print Related Articles Moody's ups rtngs of two Japan SME CLOs by Japan Finance Corp Reuters - 28 minutes ago Sony profit outlook helps push Nikkei 1.5 pct lower Reuters - 29 minutes ago European shares fall early; banks slide Reuters - 29 minutes ago Russian rouble down on oil, severe drop unlikely Reuters - 30 minutes ago Seoul shares end flat; autos, POSCO help Reuters - 31 minutes ago News Search Top Stories EU's Barroso calls on G20 to agree bank levy Portugal announces more austerity measures Boy survivor of Libya air crash 'stable but confused' Asia steps into Cannes spotlight New British coalition holds first cabinet meeting More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Scientists stunned as grey whale sighted off Israel Boy survivor of Libya air crash 'stable but confused' Portugal announces more austerity measures Pope rallies priests as crowds flock to Fatima Asia steps into Cannes spotlight More Most Viewed » Scientists stunned as grey whale sighted off Israel Aliens may exist but contact would hurt: Hawking Lack of sleep linked to early death: study UN fears 'irreversible' damage to natural environment Freddie Mac asks for fresh 10.6 billion dollar bailout More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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