(Bloomberg) -- South Korea's won rose to its highest
close in almost seven months on speculation surging exports will
help accelerate economic growth.
The won had its biggest gain since May 21 as Moody's
Investors Service placed Korea's credit ratings on review for
possible upgrade, citing in part a favorable economic outlook.
Finance Minister Kwon Okyu yesterday said growth will quicken,
powered by overseas sales and domestic consumption.
Read more at Bloomberg Currencies News
close in almost seven months on speculation surging exports will
help accelerate economic growth.
The won had its biggest gain since May 21 as Moody's
Investors Service placed Korea's credit ratings on review for
possible upgrade, citing in part a favorable economic outlook.
Finance Minister Kwon Okyu yesterday said growth will quicken,
powered by overseas sales and domestic consumption.
Read more at Bloomberg Currencies News
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