(Bloomberg) -- South Korea's won fell from a seven-
month high after Finance Minister Kwon Okyu said the government
will take measures to slow its gain when necessary.
The currency snapped a four-day, 1.1 percent rally on
speculation the central bank will sell the won. The exchange rate
may threaten growth by making Korean goods more expensive abroad,
reducing demand for the nation's exports.
Read more at Bloomberg Currencies News
month high after Finance Minister Kwon Okyu said the government
will take measures to slow its gain when necessary.
The currency snapped a four-day, 1.1 percent rally on
speculation the central bank will sell the won. The exchange rate
may threaten growth by making Korean goods more expensive abroad,
reducing demand for the nation's exports.
Read more at Bloomberg Currencies News
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