Won-Dollar Rate Slips to 1,340 Range for First Time in 14 Months

[Economy] : The won-dollar rate slipped to the one-thousand-340 won per dollar range during trading on Friday for the first time in 14 months. The South Korean won strengthened against the U.S. dollar by eight-point-nine won, closing at one-thousand-350-point-four won per dollar as of 3:30 p.m. Friday. As a ...[more...]