S.korea Won Edges Higher on Exporters, Short-Covering


The South Korean won was quoted at 1,139.0 against the dollar as of 0225 GMT, compared with Tuesday's domestic close of 1,141.7.

Dealers said exporters continued to sell dollars to lock in the currency's recent gains against the won.

Once the dollar-won rate fell below the 1,140 mark, some investors were seen unwinding some bets against the local currency.

News are provided by InstaForex.