(Bloomberg) -- South Korea's won weakened from the highest in more than three months on speculation the central bank will sell the currency to protect exporters.
The won, up 1.4 percent in the past month, is unlikely to rise much further, Central Bank Deputy Governor Rhee Yeung Kyun said on March 28. A strengthening currency threatens exports, which contribute about 40 percent to the economy, by making the nation's goods more expensive to overseas buyers.
Read more at Bloomberg Currencies News
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