(Bloomberg) -- South Korea's won had its highest
close since Dec. 14 on speculation growth in Asia's third-
largest economy will accelerate, helped by rising exports.
Government bonds declined.
The won gained for a third day as a government report today
showed exports, which account for about 40 percent of the
economy, grew faster than expected in June. The finance minister
said improving overseas sales will help drive a quicker economic
expansion in the next six months. The currency touched the
highest in almost 10 years against the yen on June 22 and is
trading within 0.3 percent of that level today.
Read more at Bloomberg Currencies News
close since Dec. 14 on speculation growth in Asia's third-
largest economy will accelerate, helped by rising exports.
Government bonds declined.
The won gained for a third day as a government report today
showed exports, which account for about 40 percent of the
economy, grew faster than expected in June. The finance minister
said improving overseas sales will help drive a quicker economic
expansion in the next six months. The currency touched the
highest in almost 10 years against the yen on June 22 and is
trading within 0.3 percent of that level today.
Read more at Bloomberg Currencies News
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